Ripple

The first thing to know is that Ripple is both a platform and a currency. The Ripple platform is an open source protocol which is designed to allow fast and cheap transactions.
$ 0.34+0.19%
Volume (24h) $ 1 248 163 363.38
MARKET CAP $ 14 416 413 048.48

Unlike Bitcoin that was never intended to be a simple payment machine, Ripple is definitely going to rule all the international transactions worldwide. Pretty ambitious, but who knows? Maybe currency exchanges will disappear in a few years like Blockbuster stores did.

The platform has its own currency (XRP) but also allows everybody to use the platform to create their own via RippleNet.

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