How $XRP Works – Step by Step

1. Transaction Initiation

A user sends XRP from one wallet to another through the XRP Ledger (XRPL).

2. Validator Verification

Independent validators on the network check the transaction for accuracy and validity.

3. Consensus Process

XRP uses the Ripple Protocol Consensus Algorithm (RPCA), where validators agree on the transaction without mining.

4. Ledger Update

Once consensus is reached, the transaction is recorded on the XRP Ledger within seconds.

5. Low Fees & Fast Settlement

Transactions settle in 3–5 seconds with very low fees, making XRP ideal for global payments.

6. Final Confirmation

The transaction becomes irreversible and securely stored on the blockchain.

XRP

1.7481

-0.19%

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