XRPL chain
Overview
The XRP Ledger (XRPL) is a decentralized, open-source blockchain designed for fast, low-cost cross-border payments and token issuance. It uses a unique consensus algorithm (XRP Ledger Consensus Protocol) rather than proof-of-work or proof-of-stake. The ledger's native asset is XRP, which serves as a bridge currency and anti-spam mechanism.
Within the DeFi Intel graph, XRPL connects to 6 tracked entities, most strongly to USD Coin, Ripple USD, XSGD.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | USD Coin | 95% |
deployed_on | Ripple USD | 95% |
deployed_on | XSGD | 95% |
deployed_on | Quantoz USDQ | 95% |
deployed_on | OpenEden TBILL | 95% |
integrates_with | Hidden Road | 90% |
More on XRPL
Frequently asked questions
How does the XRP Ledger reach consensus?
Through federated consensus: validators propose candidate transaction sets and a ledger closes when about 80 percent of trusted validators agree.
How fast are XRP Ledger blocks?
A new ledger version is produced roughly every four to six seconds.
Are there test networks?
Yes; XRPL runs Testnet and Devnet where developers are issued test XRP to build without financial risk.
Sources
Facts on this page were verified against the following sources.