Frequently Asked Questions | crypto dollar

Frequently Asked Questions

Bitcoin is the digital currency that is the driving force behind the dynamic development of blockchain technology, and many believe it is the future of global finance.
Blockchain is the most trusted and fastest growing crypto company and helps millions of people around the world have an easy and secure way to access cryptocurrencies. Bitcoin;
Bitcoin, a decentralized network, enables users to trade directly from person to person, without intermediaries or institutions. Digital asset is used like Bitcoin, other payment methods for trade or service. Unlike traditional currencies and payment methods, bitcoin is easily transportable, divisible and irreversible.
Bitcoin improves system efficiency and provides financial services that provide users with more power and freedom at a much lower cost.

Bitcoin has been voted the four highest performing currencies of the past five years.
As a global currency, you can send bitcoin to anyone, send your payments anywhere in the world without worrying about cross-border wire transfer.
protection Securing your Bitcoin in a wallet that is not in custody (like Blockchain) There are no assets that can separate you from your money.
It allows people around the world like Bitcoin to trade, save, and achieve a better financial future.

Ripple is a communication protocol used to send money via the internet. In the system developed by Ripple Labs, besides real currencies such as dollar and yen, crypto money payments such as Bitcoin and Litecoin can be made.
Ripple; It enables banks, payment providers, digital asset exchanges and companies to send money globally using advanced blockchain technology. Ripple provides a blockchain solution called RippleNet for global payments to banks, payment providers and other institutions [1]. RippleNet customers can use XRP to supply liquidity for cross-border money transfers.

What is Ripple (XRP)?
Ripple was launched in 2012 as a payment network (RippleNet) as well as a cryptocurrency (Ripple XRP). Unlike many known cryptocurrencies, Ripple is a coin that can not be mined and that blockchain-based notebooks called ledger are managed entirely by a company. With its distinctive center, it stands out as a preferred coin and network, especially for large companies and banks that provide payment systems, as they can find a partner.
Ripple, where Brad Garlinghouse is CEO, has offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg.

American Express, Santander, UBS and Turkey as well as more than 100 strong partner of Akbank's corporate governing transfers of money and assets Ripple, blockcha technology offers the ability to process very fast and at low cost on a global scale thanks. With Ripple, it is possible to send from one end of the world to another end in 4 seconds. The Ripple network can currently process up to 1500 transactions per second, and the company claims that the Ripple Network can handle the same number of transactions (50 thousand per second) with Visa.
Ripple ranks as the 4th largest digital currency after Bitcoin, Ethereum and Bitcoin Cash among cryptocurrencies with its $ 35 billion market share. Ripple, which is traded in more than 50 crypto exchanges globally, stands out as a highly accessible coin with this feature.
The feature of decentralized cryptocurrencies like Bitcoin, which is the most criticized, is that it doesn't apply to Ripple. Ripple differentiates itself from other cryptocurrencies by basing its value on a company that produces profit.
Ripple, currently working on 55 different processor networks, aims to develop its decentralized structure by opening the block chain to 3rd party processors in the long term. In this way, Ripple is aimed to adopt a structure that it cannot manipulate on even the blocks and increase the trust in its customers.