XRP in Today’s Crypto Market: A Cloud-Based Earning Model with Fleet Mining
With the shift of digital payments to a more efficient and fast settlement system, XRP has become a prime asset within the global blockchain sector. Fastness, cheap cost of transactions, and liquidity solutions have allowed XRP to be very common in applications that touch on payments. The next question to many holders is how to have practical use of XRP beyond its holding.
To comprehend earning models related to XRP one needs to be in a position to understand the way the asset works.
Why XRP Cannot Be Mined
Unlike the Bitcoin, the XRP is not based on a Proof-of-Work system. All the XRP tokens were minted initially and that is why they cannot be mined. Consequently, the standard mining techniques cannot be applied to the…
