What is Ripple and XRP?

Ripple is an internet protocol developed by Ripple Labs to connect all the world’s disparate financial systems to enable secure transfer of funds in any currency in real time. Ripple Labs was co-founded by Chris Larsen and Jed McCaleb. It is based in San Francisco and has received funding from Andreessen Horowitz, Google Ventures, IDG Capital Partners, Digital Currency Group and several other prominent VC firms. Ripple Transaction Protocol (RTXP) A protocol is a system of rules that allows messages sent by one system to be decoded by another system.…

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