What is Ripple? Beginner-Friendly XRP Explainer (Animated)
What is Ripple & XRP? What is XRP used for?
Ripple and its native cryptocurrency & token XRP are household names when it comes to crypto. Not only because XRP is among the most popular cryptos, but Ripple itself has become a flagbearer of the entire crypto industry when it comes to facing challenges with regulatory authorities, and, thus, fighting for the industry's future.
In this video, I'll explain what are Ripple & XRP, what is XRP used for and how does XRP differ from other cryptos, when evaluated from the XRP vs. Bitcoin perspective. I'll illustrate how Ripple became what it is today, and how they ended up in such an intense situation when it comes to facing legal & regulatory challenges.
Do you have any experience with Ripple? Have you been following Ripple's throughout its journey of legal battles? Do you think that the case will conclude in Ripple's favor? Leave your comments and guesses in the comment section below!
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Video Time Table:
0:00 Introduction
1:07 What is Ripple?
2:02 Ripple's Timeline
4:44 How Does Ripple Work?
8:46 XRP Tokenomics
10:16 Ripple vs SEC
12:01 Wrap-up: What is Ripple?
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