Crown CRW to XRP XRP Exchange

Crypto Pair Details: CRW to XRP

Crown CRW

Crown describes itself as a multi-channel scalable Blockchain solution provider leveraging environmentally friendly technology that has been evolving since October 08, 2014, the date of the Genesis Block of Crown. Crown aims to provide a complete ecosystem including the ability to create blockchains, smart contract data, governance and scalable analysis for single- or multi-chain custom projects hosted directly within the Crown Platform's network. Crown Platform aims to provide scale benefits with low ecological impact because it is based on the MNPOS protocol, reducing operating costs and carbon footprint. Crown Plateform offers specific research, development and production functionalities via NFTs. It aims to offer interoperability of concrete solutions and optimal security within its decentralized network. Users can create DApps, remote programs, various games and move towards a new form of non-fungible interactive chain marketing, laying the foundation for tracking and analyzing data in the global chain. Crown Platform aims to become the ideal multi-channel solution for real, daily, cheap and accessible use at any time. This is now a time of great opportunity to harness the power of Crown to make the exploitation and use of your assets, any value of public data that is not fungible on an unchangeable Blockchain database at any time, accessible.

XRP XRP

Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count. Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon. In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense. XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

SOURCE: COINGECKO

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