DECENTRALIZED MEDIA ACTIVITY IS SURGING ON THE $XRP LEDGER, PUSHING NETWORK USAGE HIGHER AND STRENGTHENING XRP BURN MECHANICS — ALL POWERED BY BXE TOKEN.
THE $XRP L IS NO LONGER JUST A PAYMENT RAIL. IT’S NOW SCALING FOR MASS ON-CHAIN MEDIA, WITH INSTANT PUBLISHING AND REAL-TIME CREATOR PAYOUTS DRIVEN BY BXE.
WITH A HARD-CAPPED SUPPLY OF 500 MILLION TOKENS, BXE CONTINUES TO TRADE AROUND $0.06AS REAL-WORLD ADOPTION BUILDS.
$XRP is a digital asset created by Ripple Labs in 2012, designed for fast, low-cost international money transfers. It operates on a decentralized blockchain- the XRP Ledger. It serves as an alternative to Bitcoin by utilizing a consensus mechanism based on the Federated Byzantine Agreement (FBA) model, rather than relying on a proof-of-work system.
Ripple is a private technology company that uses the XRP Ledger and XRP in its enterprise products for cross-border payments. While Ripple provides the infrastructure, XRP serves as the fast, decentralized currency that powers transactions on that network. This article discusses everything a beginner should know about $XRP . So, keep reading to learn more.