Ripple

by Ripple Labs

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Cashbery Coin

by Cashberry Coin

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Ampleforth Token

by Ampleforth Foundation

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Ripple

by Ripple Labs

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Cashbery Coin

by Cashberry Coin

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Ampleforth Token

by Ampleforth Foundation

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What problem does this service solve?

Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.Cashberry's goal is to create a faster and more efficient blockchain platform.Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios.

Token Stats

Company Description

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

Cashbery Coin's blockchain platform has a focus on enabling high-speed transactions with low fees. Cashbery's consensus mechanism combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS).

The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin.

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