From Wikipedia, the free encyclopedia. JoelKatz Conspiracy is growing… lots of questions… much wow… epic programming… flawless encryption… mega gains… world domination… The world wants to know! To give you the latest crypto news, before anyone. There appears to be a consensus that Britto was prominent and among its three earliest members, but whether Arthur Britto founded it is disputed. There has never been a boring weekend in the cryptocurrency industry so far. The Australian computer scientist is looking for ways to completely gain recognition as the real Bitcoin creator Satoshi Nakamoto. The committee works as a liaison among public officials, businesses and consumers xrp today who is the inventor of bitcoin create common rules to protect consumers. Get help. Ripple Labs, Inc. And then, once you have all those jaxx wallet did not receive ethereum convert zcash to bitcoin, is there some use case for that? On April 11,OpenCoin announced it had closed an angel round of funding with several venture capital firms. Contrary to most expectations, the XRP price momentum has finally flashed bullish. Most large banks are forced to maintain local currency accounts around the world for use during money transfers. Archived from the original on 5 April If you disable this cookie, we will not be able to save your preferences. Njui Crypto Enthusiast. In addition to the 1. Global blockchain-based mobile virtual network operator MVNO Miracle Tele aiming to disrupt rex bitcoin strategy etf discovering bitcoin blocks telecom industry has confidently scaled several milestones of its development timeline Continue Reading. Powered by GDPR plugin. How long this trend can remain in place, remains a tough question to answer. The founders of Ripple, by contrast, bitcoin billionaire cheats android bitstamp ripple price all billion of the XRP tokens at once in Individuals who monero mining cpu cache overclock bittrex 2 factor authentication not sending the Ripple Labs team and donate their spare processing power are rewarded with XRP. In high school he was the prototypical nerd: Please do your own research before purchasing or investing into any cryptocurrency.
Retrieved 17 March Ripple wants to help the banking industry move money as quickly and simply as sending someone an email. When Every morning right when you wake up. A request from Ripple for the official origin story was not granted by the time of publication. Sign in. This website uses cookies to provide you with the best browsing experience. If not, why do I want to trick or force people to get a substandard outcome? Read More. Ripple Labs, Inc. Every morning right when you wake up. MIT Technology Review. News Learn Startup 3. Which means they are buying and HODLing. Click to comment. Why Because your time is precious, and these pixels are pretty. One recent tweet summarizes the facts as follows:.
TNW uses cookies to personalize content and ads to make our site easier for you to use. Meawhile he was getting interested in cryptography. But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum. Retrieved 3 July New inventions, smart devices, innovations, and technological solutions surround us My coverage includes the use of cryptocurrencies su. Why Because your time is precious, and these pixels are pretty. The copyright victory is bound to have a bearing on the court case going on in Florida in which Wright stands accused by the estate of How long to mine ethereum block why doesnt coinbase sell bitcoin cash Kleiman of being deprived of access to 1. Privacy Overview This website uses cookies so that we can provide you with the best user experience possible. They sell the coins periodically and have distributed many to insiders. Depending on how long you have been following the crypto agenda, you may have wondered about cryptocurrency mining or tried it for. Conspiracy is growing… lots of questions… much wow… epic programming… flawless encryption… mega gains… world domination….
That got me into the bitcoin community. For XRP, sustaining this uptrend should not pose any real challenges, although this market tends to evolve in mysterious ways. BSV has also been delisted from Kraken and Shapeshift because of legal action and threats made by Wright. Over the past 24 hours, the XRP price has noted a 1. Mining As A Service: About Advertise Contact. Email address: It is unclear what his nationality is but sources ruled out that he was British. Of the XRP 80 billion that Ripple Labs was gifted, Ripple follows a distribution strategy that encompasses payments to business partners cryptocurrency like ethereum monero crypto ticker as gateways, market makers and charitable organizations. DATA provides best practices and technical standards, including anti-money laundering compliance guidance for companies that work with digital currency and other emerging payments systems. For entrepreneurs and people who like to build stuff. Hidden categories: Retrieved 12 March About author John P. Kool kat. Retrieved 3 July Which means they are buying and HODLing. Altcoin News Ripple Price Analysis. I think the clean-sheet approach is ethereum kurs bitcoin talk chainlink always going to produce a better design at a lower cost. The Future Of your Money".
The debate centers around trust. Is it really strong? Select the emails below. It is a tool to streamline and improve upon existing fiat operations. Tales Of A Crypto Trader. He mentions a project completed in , when the European Central Bank launched a new platform for linking 20 central securities depositories CSDs. This user has, thankfully, deleted this message in the meantime. At 5 he would use a screwdriver to dismantle them, removing them from household doors, so that family photos show gaping holes where the knobs should be. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight.
Which means they are buying and HODLing. The debate centers around trust. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Computer software. Click to comment. Category Commons List. Click to comment. Articles with short description Use dmy dates from February All articles lacking reliable references Articles lacking reliable references from January Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. Blockchain, cryptocurrencies, and insider stories by TNW. San Francisco , California , U. You have entered an incorrect email address! Three years later, Schwartz was eventually granted the patent. Ripple also developed early partnerships with companies such as ZipZap, [35] with the relationship called a threat to Western Union in the press. Is it durable? Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks.
Namespaces Article Talk. Ryan Fugger conceived Ripple in after working on a local exchange trading system in Vancouver. Bitcoin News. Connect with us. Your email address will not be published. The criteria for the recognition revolved around "whether a company had made strides in the past year that will define its field. Why Because etc gatehub coinbase card verification error time is precious, and these pixels are pretty. By the end of the conversation, the two had decided to see if they could build a financial infrastructure similar to bitcoin that would use far less energy and drastically reduce transaction time. Drop your Qs. Rumours — or better put, conspiracies — have circulated that he does not exist. Bitcoin Magazine. Shaan Iqbal is also looking at XRP from a slightly different perspective. Crypto App Download. Some have argued that we have reached bottom; others are for the suggestion that cryptocurrencies do not need an ETF.
My coverage includes the use of cryptocurrencies su. Early, BSV has overthrown TRON and Cardano, however, it did not stay long on the two positions before returning to its 12th place in the crypto market. In this way Ripple bitcoin cash news today bitcoin mining sale to transform XRP into a decentralized reserve currency for international banks. Michael del Castillo Forbes Staff. On either side are the offices of Bank of America and U. Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie cryptocurrencies passive income crypto bubbles. Retrieved 18 March This website uses cookies to provide you with the best browsing experience. The recognition pertains to Ripple Labs work in creating Ripple, an open-source, distributed payment protocol powering a new global value web. And to put the matter to rest. He mentions a project completed inwhen the European Central Bank launched a new platform for linking 20 central securities depositories CSDs. By moving the transactions to a shared, distributed ledger that only permissioned users can access, Ripple claimed to be able to facilitate transactions in as little as a few seconds instead of days.
The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. This means that every time you visit this website you will need to enable or disable cookies again. Ripple is a type of cryptocurrency designed to help banks move money more quickly, and cheaply than existing methods. About author John P. Instead, it created its currency all at once, and the people behind Ripple gradually sell it as and when they need to. Why a former banker is marketing a fake token View Article. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Another challenge had to do with breaking the intended tasks down into smaller portions that can be processed and transferred from one computer to the next. Retrieved 28 September F rom an early age David Schwartz was obsessed with doorknobs and locks. Retrieved 7 July Enable All Save Settings. Read More. I think the clean-sheet approach is almost always going to produce a better design at a lower cost. To help offset concerns that the company could flood the cryptocurrency market or manipulate prices, Ripple has locked up its XRP into smart contracts that hold the currency in escrow, temporarily releasing 1 billion tokens a month. The service will provide real-time trackable payments between customers. Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Schwartz dismisses such objections: At the time of writing, the digital currency is swinging between the 12th and 10th position, with a
Conspiracy is growing… lots of questions… much wow… epic programming… flawless encryption… mega gains… world domination…. Click to comment. But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. The above article is for entertainment and education purposes only. How long this trend can remain in place, remains a tough question to answer. His interest varies from Political Agendas to recent Technological advancements. Proof-of-authority Proof-of-space Proof-of-stake Proof-of-work. He was particularly troubled by the centralized control of money. Who For entrepreneurs and people who like to build stuff. Individuals who join the Ripple Labs team and donate their spare processing power are rewarded with XRP. It is a tool to streamline and improve upon existing fiat operations. Ripple has countersued, claiming that R3 reneged on a number of contractual promises, and is simply acting in a spirit of opportunism, after the cryptocurrency soared more than 30 times over. They added that Britto serves in an advisory role. Kool kat. After discussions with McCaleb and long-standing members of the Ripple community, Fugger handed over the reins. Friday, May 24, Retrieved 1 April Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
San FranciscoCaliforniaU. Britto has not left Ripple Labs. It sounds silly, but to me it might can i transfer litecoins to bittrex ethereum deploy contract to address well have been magic. Bitcoin Magazine. View Article. Close Menu Search Search. Click to comment. In addition to the 1. Fourthlyrumor has it that Ripple wants to merge all three products of xVia, xRapid and xCurrent into one convenient solution for banks and remittance service providers.
From Wikipedia, the free encyclopedia. Who For anyone who wants a finger on the crypto pulse. After discussions with McCaleb and long-standing members of the Ripple community, Fugger handed over the reins. What you will learn Ripple is a type of cryptocurrency designed to help banks move money more quickly, and cheaply than existing methods. Is it really light? IO Steem. Retrieved 28 January The intent was to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money. When even XRP manages to note green across the board, there is plenty of reason to be cautiously optimistic. To date, Ripple has introduced three important products: By using this site, you agree to the Terms of Use and Privacy Policy. Is David Schwartz Satoshi Nakamoto??? He now works with yet-to-launch crypto custody start-up, Polysign, which he is rumoured to have founded. While admittedly unusual to have your photo thumbnail blank, Britto wishes to avoid being recognised. The current price of litecoin coinbase market trading looking at the bigger picture, it will be interesting to see where all of the markets head. Why Because Web 3.
Retrieved 21 January Because your time is precious, and these pixels are pretty. Powered by GDPR plugin. Every morning right when you wake up. How long this trend can remain in place, remains a tough question to answer. Why To give you the latest crypto news, before anyone else. Schwartz dismisses such objections: Global blockchain-based mobile virtual network operator MVNO Miracle Tele aiming to disrupt the telecom industry has confidently scaled several milestones of its development timeline They sell the coins periodically and have distributed many to insiders. However, Ripple has never said they designed XRP to replace fiat. Instead, it created its currency all at once, and the people behind Ripple gradually sell it as and when they need to.
Read More. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. Retrieved 21 January By moving the transactions to a shared, distributed ledger that only permissioned users can access, Ripple claimed to be able to facilitate transactions in as little as a few seconds instead of days. DATA provides best practices and technical standards, including anti-money laundering compliance guidance for companies that work with digital currency and other emerging payments systems. Why Because Web 3. Dr Craig S Wright has been granted the US copyright by the US Copyright Office for the bitcoin whitepaper and the bitcoin source code in a huge boost to his claim to be Satoshi Nakamoto, the pseudonymous inventor of the digital currency. Bank Innovation. Bestselling author of Currency Wars, James Rickards, has called Bitcoin the biggest fraud in the history New inventions, smart devices, innovations, and technological solutions surround us Contrary to most expectations, the XRP price momentum has finally flashed bullish again. The service will provide real-time trackable payments between customers. The above article is for entertainment and education purposes only. Instead it created billion Ripples at the point of inception, and has been steadily selling them every month to help raise money. JoelKatz, his Twitter handle, has more than , followers. This is not trading or investment advice. In May , Ripple has announced xpring , "an initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects that [
Bitcoin News Crypto Analysis. Thirdlythe XRP community is like no. DATA provides best practices and technical standards, including anti-money laundering compliance guidance for companies that work with digital currency and other emerging payments systems. See Latest. The following year he was awarded his first patent—20 years before Satoshi Nakamoto invented the bitcoin blockchain—for a distributed computer network he designed to lighten the burden of a central processor. Leave a Reply Cancel reply Your email address will not be published. Fifthly, the current CTO at Ripple, David Schwartz, has been put forth by many observant crypto-enthusiasts, as the perfect fit for being the real Satoshi Nakamoto. This means they are very much proactive. If you disable this cookie, we will not how to get bitcoins deep web how my bitcoin wallet hacked able to save your preferences. Startup 3. TNW uses cookies to personalize content and ads to make our site easier for you to use. Bitcoin BTC has constantly displayed strange movement in the cryptocurrency market, a price behaviour that gives Schwartz dismisses such objections:
Who For the crypto-curious looking to gain a working understanding of the space. Hidden categories: Click to comment. Views Read Edit View history. Over the past 24 hours, the XRP price has noted a 1. Who For entrepreneurs and people who like to build stuff. About Advertise Contact. It is evident XRP sparks many different discussions, but messages like these are beyond thoughtless and crude. Sponsored Posts. Ripple is a privately funded company. Ripple as a cryptocurrency XRP , and Ripple as a company designed to help banks move money quickly and cheaply. Is it really strong? Because Web 3. Instead, it created its currency all at once, and the people behind Ripple gradually sell it as and when they need to. He was particularly troubled by the centralized control of money. BSV has also been delisted from Kraken and Shapeshift because of legal action and threats made by Wright. They support the coin and the Ripple company through thick and thin. For XRP, sustaining this uptrend should not pose any real challenges, although this market tends to evolve in mysterious ways.
There appears to be a consensus that Britto was prominent and among its three earliest members, but whether Arthur Britto founded it is disputed. New inventions, smart devices, innovations, and technological solutions surround us While whaleclub vs coinbase gpu mining fan speed XRP blockchain was designed to be open to anyone and therefore independent and trustworthy, Ripple has historically had disproportionate influence over its governance. The backlash against Wright swelled online when he threatened other individuals and entities with legal action. Santander's One Pay FX". From Wikipedia, the free encyclopedia. A scalable network Retrieved 28 March Powered by GDPR plugin.
Instead it created billion Ripples at the point of inception, and has been steadily selling them every month to help raise money. When looking at the bigger picture, it will be interesting to see where all of the markets head next. Articles with short description Use dmy dates from February All articles lacking reliable references Articles lacking reliable references from January Former DJ. Close Menu Search Search. As for the validators, Schwartz claims that only 10 of the currently supporting the network are managed by Ripple. Bitcoin News Crypto Analysis. Which means they are buying and HODLing. Ripple Labs. With no clear direction for any cryptocurrency, digital asset, or token right now, this weekend has proven to be both exciting and worrisome. From Wikipedia, the free encyclopedia.
Forgot your password? If not, why do I want to trick or force people to get a substandard outcome? When Specially delivered over 10 days from when you sign up. To give you the latest crypto news, before anyone. Ripple's revenue sources include coinbase password leak bittrex usdt services provided to financial network operators being integrated with Ripple, software built to integrate legacy financial systems with Ripple is your bitcoin address supposed to change bitcoin price app android the native currency XRP. Shaan Iqbal is also looking at XRP from a slightly different perspective. Meawhile he was getting interested in cryptography. Please enter your comment! Over the past 24 hours, the XRP price has noted a 1. Is it manufacturable? In early Schwartz was looking for something new. In fact, more than half the XRP that will ever exist are still owned by Ripple. The copyright victory is bound to have a bearing on the court case going on in Florida in which Wright stands accused by the estate of David Kleiman of being deprived of access to 1. To date, Ripple has introduced three important products:
Please enter your name here. Archived from the original on 5 April As for the validators, Schwartz claims that only 10 of the currently supporting the network are managed by Ripple. In an era when secure emails are transmitted instantly and the bitcoin and ethereum blockchains move millions in minutes, most international money transfers take at least three days to settle, with fees that are opaque and varied. Your email address will not be published. Retrieved 22 October Ripple is called a cryptocurrency, but the way it works and runs is very different from other currencies like Bitcoin and Litecoin. Ripple Cryptocurrency Guides. Load More. Sign In.
Read more: And then, once you have all those properties, is there some use case for that? When Specially delivered over 10 days from when you sign up. Parts of Ripple, particularly a JavaScript-based web client, had been open source months before, but the release of the peer-to-peer "full node" Rippled meant that the community now had the required tools needed to maintain the Ripple network on its. Ripple wants to help the banking industry move money as individual vs pool mining xmr innosilicon a5 buy and simply as sending someone an email. Thirdlythe XRP community is like no. Reach Michael del Castillo at mdelcastillo forbes. The recognition pertains to Ripple Labs work in creating Ripple, an open-source, distributed payment protocol powering a new global value web. But long before Nakamoto published his seminal paper that shaped Bitcoin as we know it, Ripple XRP chief technology officer David Schwartz had already come up a similar concept. This is not trading or investment advice. In fact, more than half the XRP that will ever exist are still owned by Ripple.
Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. There are yet others who have been caught in the eye of a legal storm after Wright threatened to sue a number of individuals. He mentions a project completed inwhen the European Central Bank launched a new platform bittrex flashing green metamask etherdelta linking 20 central securities depositories CSDs. Retrieved 1 April Select Emails. Who For entrepreneurs and people who like to build stuff. View Article. Close Menu. While publicity of this sort ironically draws attention to somebody who shies away from it, there is a duty to establish the facts. Mining Cryptocurrency with a Purpose". The Latest. Did you know?
Bank Innovation. Most large banks are forced to maintain local currency accounts around the world for use during money transfers. While the XRP blockchain was designed to be open to anyone and therefore independent and trustworthy, Ripple has historically had disproportionate influence over its governance. And to put the matter to rest. American technology company. The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. Retrieved 6 May This page was last edited on 12 May , at Does it rust? The Australian computer scientist is looking for ways to completely gain recognition as the real Bitcoin creator Satoshi Nakamoto. Enable All Save Settings. Congrats to Dash for 47". Bestselling author of Currency Wars, James Rickards, has called Bitcoin the biggest fraud in the history The service will provide real-time trackable payments between customers. In English law copyright resides with the creator and exists from the moment a work is created. To date, Ripple has introduced three important products: Some have argued that we have reached bottom; others are for the suggestion that cryptocurrencies do not need an ETF. Close Menu Sign up for our newsletter to start getting your news fix. Archived from the original PDF on 12 May
Retrieved 7 July Published August 16, — New inventions, smart devices, innovations, and technological solutions surround us The Team Careers About. The founders of Ripple, by contrast, created all billion of the XRP tokens at once in Thirdlythe XRP community is like no. Another challenge had to do with breaking the intended tasks down into smaller portions that can be processed and transferred from one computer to the spreadsheet for buying and tracking cryptocurrency when do asian markets open for crypto. Why a former banker is marketing a fake token View Article. TNW uses cookies to personalize content and ads to make our site easier for you to use.
Who For anyone who wants a finger on the crypto pulse. Tales Of A Crypto Trader. He mentions a project completed in , when the European Central Bank launched a new platform for linking 20 central securities depositories CSDs. Every morning right when you wake up. When Specially delivered over 10 days from when you sign up. Cryptocurrency experts like John McAfee are claiming the 49 year old computer programmer is not the creator of Bitcoin. Enable All Save Settings. Is it manufacturable? Zcash Zcoin. Drop your Qs here. As for the validators, Schwartz claims that only 10 of the currently supporting the network are managed by Ripple. Close Menu. Computer software. Save my name, email, and website in this browser for the next time I comment. A scalable network Wright has been granted U. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. XRP can only continue to increase in value with less of the digital asset in circulation.
They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. News Learn Startup 3. XRP can only continue to increase in value with less of the digital asset in circulation. Ripple also developed early partnerships with companies such as ZipZap, [35] with the relationship called a threat to Western Union in the press. In a filed application to claim the authorship of Bitcoin whitepaper and source codes, the creator of Bitcoin SV, Craig Wright, for unknown reason, denounce being a citizen of Australia as known by everyone, instead claimed to be an Antiguan and Barbudan. By using this site, you agree to the Terms of Use and Privacy Policy. Save my name, email, and website in this browser for the next time I comment. This article is wex exchange bitcoin mining ethereum vs bitcoin for informational purpose and should not be seen as a financial advice. The Australian computer scientist is looking for ways to completely gain recognition as the real Bitcoin creator Satoshi Nakamoto. When even XRP manages to note green across the board, there is plenty of reason to be cautiously optimistic. The committee works as a liaison among public officials, businesses and consumers and create common rules to protect consumers. This user has, thankfully, deleted this message in the meantime. And then, once you have all those properties, is there some use case for that? Terrible dancer. Pioneer luxury watchmaker who just went into designing exotic cryptocurrency watch, Frank Muller, announces it is
How long this trend can remain in place, remains a tough question to answer. Which means they are buying and HODLing. Concurrently, in May , Jed McCaleb began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by Bitcoin. Connect with us. Retrieved 1 April Log into your account. If you disable this cookie, we will not be able to save your preferences. Brad Garlinghouse was quoted back in June as stating that dozens of banks will be using their products by Chris Larsen , Jed McCaleb. Altcoin News Ripple Price Analysis. It is a tool to streamline and improve upon existing fiat operations. Rumours — or better put, conspiracies — have circulated that he does not exist. Bitcoin will be a big contender. In other words, Schwartz was gaining a working knowledge of cryptography at a high level. Retrieved 17 March Ripple's revenue sources include professional services provided to financial network operators being integrated with Ripple, software built to integrate legacy financial systems with Ripple and the native currency XRP. Close Menu Sign up for our newsletter to start getting your news fix. The service will provide real-time trackable payments between customers. With no clear direction for any cryptocurrency, digital asset, or token right now, this weekend has proven to be both exciting and worrisome. Related posts.
More in Bitcoin. Bestselling author of Currency Wars, James Rickards, has called Bitcoin the biggest fraud in the history Open Menu. To Top. In an era when secure emails are transmitted instantly and the bitcoin and ethereum blockchains move millions in minutes, most international money transfers take at least three days to settle, with bitcoin mining on others computers virus usd to bitcoin that are opaque and varied. Sponsored Posts. If not, why do I want to trick or force people to get a substandard outcome? Retrieved 27 May Retrieved 12 March Archived from the original PDF on 12 May Once it does so, alts usually follow suit and do massive gains that are greater than those of BTC. Select the emails. This article is written for informational purpose and should not be seen as a financial advice. Why To give you the latest crypto news, before anyone. Close Menu Search Search. Retrieved 7 July
Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. As for the validators, Schwartz claims that only 10 of the currently supporting the network are managed by Ripple. TNW uses cookies to personalize content and ads to make our site easier for you to use. Namespaces Article Talk. By using this site, you agree to the Terms of Use and Privacy Policy. Dash Petro. Bank Innovation. Sponsored Posts. While publicity of this sort ironically draws attention to somebody who shies away from it, there is a duty to establish the facts. Early, BSV has overthrown TRON and Cardano, however, it did not stay long on the two positions before returning to its 12th place in the crypto market. Join The Block Genesis Now. Because your time is precious, and these pixels are pretty. To Top. Because Web 3. Get help. Twitter Facebook LinkedIn Link ripple britto fact leadership. Per the announcement, the platform is already being used. Ripple is called a cryptocurrency, but the way it works and runs is very different from other currencies like Bitcoin and Litecoin.