The XRP Ledger is a decentralized public blockchain led by a diverse group, including software engineers, server operators, users, and businesses. The vision for XRPL is a collective effort as a community-driven platform.
Company Details
- Founders: David Schwartz, Jed McCaleb, Arthur Britto
- Founded: 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.
- 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.