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"BitBeat: Ripple Partners With Global Payments Service Earthport". "The evolution of cross-border transfers: new infrastructure for MNO's to increase remittance". Archived from the original on December 15, 2013. 22 The company also created its own form of digital currency dubbed XRP in a manner similar to bitcoin, using the currency to allow financial institutions to transfer money with negligible fees and wait-time.
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The bitcoin bridge allows any Ripple user to send bitcoins without having to use a central exchange such as BTC-e to acquire them. permanent dead link Southurst, Jon. "Beyond Bitcoin: a Guide to the Most Promising Cryptocurrencies". "rippled Feature Update: NuDB and Autobridging".
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Venkatesh (October 8, 2014). Enter reversal and hit "Enter" or, auto Select, settings, done, edit Settings. "Ripple is officially open source". Ripple' is the New Bitcoin: Adventures in Virtual Currency".
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Retrieved June 16, 2015. Ripple's design focus is as a currency exchange and a distributed-rtgs, as opposed to emphasizing XRP as an alternative currency.
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Rise of Bitcoin Competitor Ripple Creates Wealth to Rival Zuckerberg a b c d e Buterin, Vitalik (February 26, 2013). Archived from the original (PDF) on August 21, 2016. 19 21 OpenCoin and Ripple Labs (201213) edit Main article: Ripple (company) OpenCoin began developing a new payment protocol called the Ripple Transaction Protocol (rtxp) based on Ryan Fugger's concepts.