What is the XRP white paper?

The XRP white paper is a technical document that describes the XRP Ledger and XRP. The white paper was written by Jed McCaleb, Arthur Britto, and David Schwartz in 2012.

The XRP white paper describes the following key features of the XRP Ledger:

  • Decentralization: The XRP Ledger is a decentralized ledger, which means that it is not controlled by any central authority.
  • Speed: The XRP Ledger is designed to be very fast, with transactions being processed in seconds.
  • Cost-effectiveness: The XRP Ledger is designed to be very cost-effective, with transaction fees being very low.
  • Scalability: The XRP Ledger is designed to be scalable, meaning that it can handle a large number of transactions.

The XRP white paper also describes the following key features of XRP:

  • Utility: XRP is designed to be used as a bridge currency, which means that it can be used to transfer value between different currencies.
  • Scarcity: The total supply of XRP is capped at 100 billion XRP.
  • Security: The XRP Ledger is designed to be secure, with a number of security features in place to protect it from attack.

The XRP white paper is a valuable resource for anyone who wants to learn more about the XRP Ledger and XRP. The white paper is available to read online.

In July 2023, the SEC’s case against Ripple Labs was dismissed. This is a major victory for Ripple Labs, and it will allow them to continue to develop the XRP Ledger and XRP.

The future of XRP is bright. The XRP Ledger is a promising technology, and XRP has the potential to become a major player in the global financial system.