What is ripple?
Simple, global, open, and practically free. ripple is an open source person to person payment network
- Simple
- Free(ish)
- Global
- Truly Open
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Ripple is Simple
Think online cash. No profiles to make. No forms for personal info. Unlike other payment systems, ripple does not need or want your personal data.
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Don't spend to send
Ripple is not technically free, because for security reasons each transaction costs the equivalent of 1/100th of a cent. But it's still practically free.
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Anywhere, instantly
Wherever there is internet, there is ripple. So your money can reach your mom in Mexico, your friend in Thailand, or that developer you hired in Bangladesh. In pesos, baht, or taka.
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Ripple is Open
- Anyone can use it.
- No one owns it.
- The software is open source.
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How does it work?
ripple is a single unified system that doesn’t require ACH, banks, or credit card networks, ripple avoids many of the obstacles that drive other systems’ fees and hassles. ripple also automatically exchanges currencies within the platform to make global payments easy. Finally, ripple is truly open. No one owns it. Anyone can use it. It’s open source, so anyone can build on top of it.
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Advanced uses of ripple
Many prefer the simplest use of ripple, but others may be interested in the rich possibilities it provides for getting more involved. See how you can use ripple to facilitate more transactions within your network, or buy and sell currency.
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