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The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [10] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
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XRP is the world's most energy efficient cryptocurrency, using 0.0079 kilowatt-hours of electricity per transaction. [ 259 ] Although the biggest PoW blockchains consume energy on the scale of medium-sized countries, the annual power demand from proof-of-stake (PoS) blockchains is on a scale equivalent to a housing estate.
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The XRP cryptocurrency was created in 2012 by a technology company called Ripple, which built a payment network called RippleNet. This network allows banks and financial institutions to send money ...
XRP BFT: No No No Immediate Account-balance Blockchain is known as XRP Ledger. Smart contract capabilities are being added. [26] [27] [28] Stacks? STX Vertcoin: Jan 8, 2014 VTC Hedera Hashgraph? HBAR Yes No Yes Account-balance Uses a directed acyclic graph instead of a chain per se: Zcash: Oct 28, 2016 [4] ZEC PoW: Yes uses zero-knowledge ...
Tezos was first proposed in 2014 and created by husband-and-wife team Arthur and Kathleen Breitman. [4] While working at Morgan Stanley in 2014, Arthur Breitman released two papers that proposed a new type of blockchain under the pseudonym "L. M. Goodman," referencing a journalist at Newsweek who had misidentified the creator of Bitcoin. [5]
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