XRP is the native digital asset of the XRP Ledger (XRPL), which is an open-source, decentralized blockchain designed for high-speed, low-cost global transactions. Unlike Bitcoin and Ethereum, which rely on energy-intensive mining or staking, the XRPL uses a consensus mechanism that enables transactions to settle in three to five seconds, with fees that are almost negligible.
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XRP is the native digital asset of the XRP Ledger (XRPL), which is an open-source, decentralized blockchain designed for high-speed, low-cost global transactions. Unlike Bitcoin and Ethereum, which rely on energy-intensive mining or staking, the XRPL uses a consensus mechanism that enables transactions to settle in three to five seconds, with fees that are almost negligible.