Ripple Alternatives, Similar

ripple alternative
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Ripple

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Fluctuation is a monetary system that brings simple obligations as well as useful for making payments between friends as normal money. Normally, if your friend Alice lends you $ 10, she will have to pay you back before you can use it. However, if you are creative, you can give it to someone who knows and trusts Alice in exchange for something you w... read more
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ripple alternative

All Ripple Alternatives

bitcoin alternatives
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Bitcoin

Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or...

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litecoin alternatives
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Litecoin

Litecoin is a peer-to-peer Internet currency that allows instant payments to anyone in the world. The small Bitcoin, which can...

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Ethereum alternatives
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Ethereum

Ethereum is a decentralized platform for applications that run as programmed without the possibility of any fraud, censorship or third-party...

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Monero alternatives
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Monero

Monero is a secure, private and untraceable digital currency. It is open source and can be used free of charge...

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Dogecoin alternatives
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Dogecoin

Dogecoin is an open-source, decentralized, peer-to-peer crypto currency preferred by Shiba Inus worldwide.

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NameCoin alternatives
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NameCoin

Namecoin is a distributed domain name system based on Bitcoin technology. Namecoin expands Bitcoin to add processes for registering, updating,...

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Duniter alternatives
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Duniter

It is a network of flexible communities based on trusted human certifications. Any member of a community, without doing anything,...

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Peercoin alternatives
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Peercoin

Peercoin is a P2P digital currency and payment system optimized for security and energy efficiency.

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Zcoin alternatives
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Zcoin

Zcoin is trying to increase individual freedom. By securing financial secrecy, Zcoin can guarantee trade freedom. People should be able...

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NXT alternatives
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NXT

Nxt is a fast and energy efficient encryption based on the Proof of Bid concept, suitable for online payments and...

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FairCoin alternatives
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FairCoin

FairCoin is a highly distributed encryption currency. 99.99% Proof of Sales, rewarding protectors. All coins were primed and distributed fairly...

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anoncoin alternatives
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Anoncoin

Created in June 2013, it is the first money that provides built-in support for I2P darknet, which makes it impossible...

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IOTA alternatives
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IOTA

IOTA is an open source distributed encryption focused on providing secure communications and payments between machines on the Internet of...

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Cardano alternatives
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Cardano

Cardano is a decentralized block chain and crypto currency project and is completely open source. Cardano is developing an intelligent...

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decred alternatives
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decRED

The decision uses a hybrid consensus system to provide a balance between miners and users to create a more robust...

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ripple alternative Ripple About

Fluctuation is a monetary system that brings simple obligations as well as useful for making payments between friends as normal money.

Normally, if your friend Alice lends you $ 10, she will have to pay you back before you can use it. However, if you are creative, you can give it to someone who knows and trusts Alice in exchange for something you want. For example, instead of getting to know Alice, you can get a book from Bob, who also knows Alice.

Now he owes Bob $ 10. Instead of money, you used Alice’s IOU to pay Bob. Alice acts as an intermediary between you and Bob.
The surge does the same thing, it just takes your mind one step forward. What if you want to get a haircut from Carol, who doesn’t know Alice? Your $ 10 IOU you get from Alice doesn’t work because Carol doesn’t mean anything to Carol where Alice owes her money.

However, let’s assume that Bob, who knows Alice, has a way of finding out that he knows Carol. You can talk to Bob and arrange for Alice to get her IOU for $ 10 to give Carol her IOU. Even because Bob owes him exactly what he owes Carol, Bob’s on the deal. Both Alice and Bob act as intermediaries between you and Carol.

And that’s how Ripple works. By creating a profile on the system, contacting your email address and giving credit limits, you tell them how you know them and how much you trust them. Then when you want to pay another Ripple user using only friendly obligations, the system finds a chain of agents that connects you to the person you want to pay and records the payment along the chain to each vehicle’s account. You are debiting one of your “neighbors” in the system and one of the neighbors of the payment recipient has debts.

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