XRP is the third most quoted currency on the market. Currently, only 43% of XRP tokens is in circulation, the rest is held by Ripple, that is going to release 1 billion a month.
Adopted by great companies such as UniCredit, UBS and Santander, more and more banks and payment networks use Ripple for its amazing transaction speed, the stability of its technology and for the chance to use its cryptocurrency as means of transaction.
The entire security system they created is controlled by volunteers all around the world and has very low energy consumption. Ripple developed solutions that make it the best structure to globally carry out payments and liquidations on, especially for financial institutions.
Litecoin is one of the most known cryptocurrency tokens after Bitcoin. Charlie Lee, its inventor, created Litecoin through a hard fork of Bitcoin, inheriting most of its features.
Charlie Lee worked at Google from 2007 to 2013, but his interest in economy and mistrust towards the banks lead him to dive into the crypto world and start working at Coinbase.
Described as “the money of the internet era”, Litecoin was designed with a very specific mission: to be a peer-to-peer digital currency allowing instant payments, almost cost-free and worldwide. It’s this very visionary and unique approach that helped Litecoin go mainstream. In 2017 it set a world record: a transaction from Zurich to San Francisco was confirmed in less than a second.
Vitalik Buterin approached the blockchain technology by working as a software developer for Bitcoin when he was just 17 years old. There, he started conceiving a platform that could go beyond the financial uses allowed by Bitcoin. 2 years later he published the White paper of Ethereum, one of the most ambitious projects in the crypto world.
What then Ethereum came to be is not only a network for the exchange of cryptocurrencies but also a platform to run smart contracts on. The great revolution brought about by Buterin has been to build a structure allowing every developer to easily create blockchain-based apps, by using the Ether token to pay the platform’s fees on computational power.
Ether is the cryptocurrency of the Ethereum network, one of the fastest in verifying and validating a transaction.