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#The World’s Fastest and Most Secure Payment System
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**What is Ripple?**
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Ripple is the open-source, distributed payment protocol that enables instant
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payments with low fees, no chargebacks, and currency flexibility (for example
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dollars, yen, euros, bitcoins, or even loyalty points). Businesses of any size
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can easily build payment solutions such as banking or remittance apps, and
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accelerate the movement of money. Ripple enables the world to move value the
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way it moves information on the Internet.
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**What is a Gateway?**
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Ripple works with gateways: independent businesses which hold customer
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deposits in various currencies such as U.S. dollars (USD) or Euros (EUR),
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in exchange for providing cryptographically-signed issuances that users can
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send and trade with one another in seconds on the Ripple network. Within the
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protocol, exchanges between multiple currencies can occur atomically without
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any central authority to monitor them. Later, customers can withdraw their
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Ripple balances from the gateways that created those issuances.
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**How do Ripple payments work?**
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A sender specifies the amount and currency the recipient should receive and
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Ripple automatically converts the sender’s available currencies using the
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distributed order books integrated into the Ripple protocol. Independent third
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parties acting as market makers provide liquidity in these order books.
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Ripple uses a pathfinding algorithm that considers currency pairs when
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converting from the source to the destination currency. This algorithm searches
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for a series of currency swaps that gives the user the lowest cost. Since
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anyone can participate as a market maker, market forces drive fees to the
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lowest practical level.
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**What can you do with Ripple?**
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The protocol is entirely open-source and the network’s shared ledger is public
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information, so no central authority prevents anyone from participating.Anyone
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can become a market maker, create a wallet or a gateway, or monitor network
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behavior. Competition drives down spreads and fees, making the network useful
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to everyone.
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###Key Protocol Features
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1. XRP is Ripple’s native [cryptocurrency]
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(http://en.wikipedia.org/wiki/Cryptocurrency) with a fixed supply that
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decreases slowly over time, with no mining. XRP acts as a bridge currency, and
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pays for transaction fees that protect the network against spam
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2. Pathfinding discovers cheap and efficient payment paths through multiple
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[order books](https://www.ripplecharts.com) allowing anyone to [trade](https://www.rippletrade.com) anything. When two accounts aren’t linked by relationships of trust, the Ripple pathfinding engine considers intermediate links and order books to produce a set of possible paths the transaction can take. When the payment is processed, the liquidity along these paths is iteratively consumed in best-first order.
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3. [Consensus](https://www.youtube.com/watch?v=pj1QVb1vlC0) confirms
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transactions in an atomic fashion, without mining, ensuring efficient use of
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resources.
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[transact]: https://ripple.com/files/ripple-FIs.pdf
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[build]: https://ripple.com/build/
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[transact.png]: /images/transact.png
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[build.png]: /images/build.png
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[contribute.png]: /images/contribute.png
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###Join The Ripple Community
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|![Transact][transact.png]|![Build][build.png]|![Contribute][contribute.png]|
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|:-----------------------:|:-----------------:|:---------------------------:|
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|[Transact on the fastest payment infrastructure][transact]|[Build Imaginative Apps][build]|Contribute to the Ripple Protocol Implementation|
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#rippled - Ripple P2P server
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##[](https://travis-ci.org/ripple/rippled)
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@@ -37,5 +111,9 @@ Ripple is open source and permissively licensed under the ISC license. See the
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LICENSE file for more details.
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###For more information:
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* https://ripple.com
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* https://ripple.com/wiki
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* Ripple Wiki - https://ripple.com/wiki/
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* Ripple Primer - https://ripple.com/ripple_primer.pdf
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* Ripple Primer (Market Making) - https://ripple.com/ripple-mm.pdf
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* Ripple Gateway Primer - https://ripple.com/ripple-gateways.pdf
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* Consensus - https://wiki.ripple.com/Consensus
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