Aug 1, 2022 · The concern of a newbie (me) is that they can run XRP private ledger "forever" for say 10k usd/xrp this year, when they grow they just hike the price to 100k usd/xrp etc. The good thing about the higher price on private ledger is that there will be no selling to secondary markets because it does not make sense to sell a token that is worth 1k ...

Aug 30, 2023 · The “XRP ledger” is the network. “XRP” is the token/coin. Saying: I want to invest into the “XRP ledger” or “XRP” is like saying I want to invest into the “BNB Smart Chain” or “BNB (BEP-20) token”

Mar 4, 2021 · XRP is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.

Jun 10, 2024 · The XRP Ledger (XRPL) is designed to support more than just XRP. While XRP is the native currency of the XRPL and is often used for transactions and fees, the ledger also supports other assets through a feature called "issued currencies" or "IOUs."

"The XRP Ledger applies reserve requirements( currently 10 xrp for an account reserve), in XRP, to protect the shared global ledger from growing excessively large as the result of spam or malicious usage.

Jul 15, 2021 · I believe so, but only if you use Meta Mask; since MetaMask allows you to use a ledger with it. There will also be another wallet called Bifrost that is in development and launching in about 9 days, which is a multichain wallet that will allow you to utilize XRP on the Flare Network, though there is no mention of whether it'll support a ledger yet.

Dec 9, 2022 · XRP is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts.

r/XRPLedger: Guided by a worldwide developer community, the XRP Ledger (XRPL) is a fast, energy-efficient, and reliable decentralized public…

Oct 9, 2021 · Developers of XRP Ledger Labs, a software studio that addresses XRPL-based digital payments solutions, created a new method for payments. A device with xPoP integrated issues a QR-code on its display or on paper, while the holder of XRPL-based assets can repay it in an instant decentralized manner. This is groundbreaking!

Metamask cannot extract the seed or private keys from your ledger, this is completely impossible. The ledger connect kit library hack does not change that, since it was completely unrelated to the ledger device security and did not impact the ledger firmware in any way. But stipid people sometimes enterctheir ledger seed phrase in metamask.