Ripple Transfer Time. Eos eos is a blockchain based decentralized platform. 24 hour xrp volume is 350bit has a market cap rank of 8 with a circulating supply of 47247295769 and max supply of 100000000000.
Ripple 3 posted by urionferren 5 years ago transfer time with xrp. Uk based international money transfer service operating in 47 countries and 22 currencies 13m global customers 3k transactions per month in india 7min typical transfer processing time ripplenet has given us a competitive edge in india where were making a real difference to peoples lives by providing faster and cheaper remittances. Xrp can be sent directly without needing a central intermediary making it a convenient instrument in bridging two different currencies.
But strictly speaking ripple isnt the same as xrp.
Ripple is a private company that uses advanced blockchain technology to enable a network of real time payment exchange and remittance services built on a distributed ledger database ie the xrp ledger. It took less than a few seconds to transfer some of my xrps while it would take 1 hour if i were to do the same with bitcoin. The current minimum transaction cost required by the network for a standard transaction is 000001 xrp 10 drops. The ripple protocol works using gateways.