The decentralized, open-source blockchain on which XRP is traded.
The XRP Ledger is a decentralized blockchain-based ledger that serves as the foundation for secure and efficient digital asset transactions. The XRP Ledger (XRPL) utilizes a unique consensus algorithm and distributed architecture to enable fast, low-cost, and scalable transactions. It functions as a decentralized network where participants can issue, transfer, and trade digital assets, including the native cryptocurrency XRP. With its robust security measures and built-in features like payment channels and smart contracts, the XRP Ledger revolutionizes the way financial transactions are conducted. It offers increased transparency, liquidity, and interoperability, making it an attractive choice for financial institutions, developers, and individuals seeking to leverage the advantages of blockchain technology in the cryptocurrency ecosystem.