Why Some Claim Ripple Isn’t a 'Real' Cryptocurrency

Why Some Claim Ripple Isn’t a ‘Real’ Cryptocurrency

More on Bitcoin There are many cryptocurrencies out there, each of which gained inspiration from bitcoin, the ancestor to them all. Bitcoin was humanity’s first definition of what it means to be a cryptocurrency, but it is a complicated creature that relies on many special functions and components . For instance, bitcoin has a decentralized blockchain ledger, on which its millions of participants organize and save a record of their transactions. It also has cryptographic hashing, so that traders can use a system of public and private keys to safeguard their identities. Bitcoin’s transactions are processed by miners, a […]