I used to think Ripple and XRP were basically the same thing, but after going through this article by @loucoinbit, I realized they're only connected but completely different.
~XRP is the native digital asset used on the XRP Ledger (XRPL) to pay transaction fees and meet reserve requirements.
~XRPL is a decentralized, public blockchain maintained by independent validators, not by Ripple.
~Ripple is a private company that develops payment solutions using XRP and XRPL, but it does not own or control either.
XRP is not Ripple and Ripple is not XRPL. Ripple can have business or legal developments while the XRP Ledger keeps running because it's decentralized.
The more I align myself with SurferX, the more I gain more crypto knowledge. Now, I've realized how many crypto misconceptions come from mixing up simple concepts. Learning the differencs between them properly saves one from believing a lot of misleading headlines.
Thanks to @loucoinbit for sharing out of his ocean of knowledge, hoping to see more of this from you ๐๐พ
@SurferXHubXRPL@codecracker2000@JerryCoinbit
๐ New article is live!
XRPL vs. XRP vs. Ripple: Understanding the Difference
One of the biggest misconceptions in crypto is thinking the XRP Ledger, XRP, and Ripple are the same thing.
Theyโre connectedโbut theyโre not interchangeable.
In this beginner-friendly guide, youโll learn:
๐น What the XRP Ledger (XRPL) is
๐น What XRP is and how itโs used
๐น What Ripple is as a company
๐น How these three fit together
๐น Why understanding the difference matters
Whether youโre new to the ecosystem or looking to clear up common misconceptions, this article is for you.
๐ Read it here:
https://t.co/L7vQgZ3FXQ
#XRPL #XRP #Ripple #Blockchain #CryptoEducation #Web3 #LearnCrypto #SurferX
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The SurferX community keeps proving that it's built to surf. Every show, every course, every wallet connectedโwe keep growing together.
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