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Ripple Quick Start Guide

You're reading from   Ripple Quick Start Guide Get started with XRP and develop applications on Ripple's blockchain

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Product type Paperback
Published in Dec 2018
Publisher Packt
ISBN-13 9781789532197
Length 160 pages
Edition 1st Edition
Languages
Concepts
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Author (1):
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Febin John James Febin John James
Author Profile Icon Febin John James
Febin John James
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Toc

Summary

In this chapter, we have learned answers to the following questions :

  • How has Ripple solve inefficiencies of traditional systems to make payments fast and cheap?
  • What are the applications of Ripple?
  • What are cross-currency payments?
  • How do cross-currency payments work?
  • What are checks in Ripple?
  • How do checks work in Ripple?
  • What's an escrow in Ripple?
  • How does an escrow work in Ripple?
  • What are payment channels in Ripple?
  • How does a payment channel in Ripple work?
  • What is an ICO?
  • What is a decentralized exchange?
  • What's the difference between Ripple, XRP, and the XRP ledger?
  • Has Ripple kept a large amount of XRP from open circulation?
  • Why is Ripple faster when compared to Bitcoin?
  • What are the limitations of Ripple's smart contracts?

In the next chapter, we'll learn how to connect to the Ripple network and send money using the Ripple API.

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