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After some digging it seems to be another decentralized virtual currency like bitcoin. "Ripple credits, aka XRP or ripples, are the units used as a transaction
by 7c8011dda3f3b 14y ago
After some digging it seems to be another decentralized virtual currency like bitcoin.
"Ripple credits, aka XRP or ripples, are the units used as a transaction fee to protect the Ripple payment system from malicious attacks."
Previous HN discussion:
http://news.ycombinator.com/item?id=5254395 http://news.ycombinator.com/item?id=5254395