Five things you need to know about the bright prospects of Ripple

For most of this year, ripple cryptocurrency has been the focus of attention. And I found that many people around me played with Ripple. Why did this happen? What’s the prospects of Ripple? I think we can analyze it from these five aspects.

1.Compared to other copycat COINS, such as KDS, FTS, Ripple is more upscale. It is invested by Google and Core Innovation Capital, Venture 51, Camp One Ventures and IDG Capital Partners.

2.Ripple is not created by mining software, many mining software are the command line interface. It is difficult to understand for ordinary people who have not been exposed to computers. So now the LTC/BTC is basically concentrated in the hands of the intellectuals. However, ripple can be accessed by a complimentary way or involving in the WCG project directly, so it's fair to compare.

3.According to ripple xrp plan, they will work with half of the world's bankers so they can use the XRP to encrypt COINS. And more than 100 Banks are testing the Ripple software now. Ripple hopes to have about two hundred Banks in all, which means it will get a new bank every week to make the XRP a success. And the xrp price will go up after working with so many bankers.

4.Ripple’s processor platform is very popular. More than $1 billion was processed last week. I’m not exaggerating, everyone wants a Ripple processing platform. If you want credibility and stability you only need a billion dollars. This has been achieved by Ripple's partnership with tencent holdings LTD., These deals are domestic and international. But this volume is huge, it just confirms the reliability of XRP.

5.Ripple is as safe as bitcoin or any other currency, but faster and cheaper. The combination of speed and reliability makes the XRP a credible currency for the world, and more and more Banks are paying the price every week.

Anyway, I’m optimistic about Ripple, since more and more are paying attention to it and it’s stability of technology and governance in the last five years was supreme.

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