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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 learned the answers to the following questions.

  • Why was decentralization necessary?
  • What is blockchain?
  • What is Bitcoin?
  • What are the disadvantages of Bitcoin?
  • What is Ripple?
  • How does Ripple make international money transfers efficient?
  • How does Ripple work?
  • What are the key features of Ripple?
  • What are the potential risks of Ripple?

Now that we understand how ripple works in theory, we will learn how to do some real transactions on Ripple's ledger in the next chapter.

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