xrp ledger

The XRP Ledger is a decentralized public blockchain led by a diverse group, including software engineers, server operators, users, and businesses. As a community-driven platform, the vision for XRPL is a collective effort.

Company Details

• Founders: David Schwartz, Jed McCaleb, Arthur Britto
• Founded: June 2012
• Headquarters: United States

Key Features:

• Uses a Byzantine Fault Tolerant (BFT) algorithm that enables faster transactions in approximately 3-5 seconds.
• XRPL includes a decentralized wallet, allowing users to directly trade various assets on the ledger.
• It is an open-source platform that enables developers to build applications on XRPL with transparency and community.
• It can handle 1,500 transactions per second (TPS) making it scalable for high-volume operations.