Casino types
Ripple is many financial services rolled into one. For the purpose of this article, it is viewed as a digital payment network and a cryptocurrency. The Crypto symbol for Ripple is XRP. Defined as a Real-Time Gross Settlement System (RTGS), the platform was founded in 2012. However, after that initial release, it was again given a 'stable release in 2018. RTGS is a system that allows money transfer from one bank to another in real-time. This is a key feature that encourages the use of Ripple in online casinos.
The American platform runs on Linux, Windows, and macOS operating systems. It is most popular in the US both as a trading cryptocurrency and as a money transfer system. However, this popularity dipped at some point in 2018 when the platform faced a class action suit. It has since recovered and is now a popular coin again.
As online casinos continue to accept cryptocurrency payments, Ripple is at the forefront. It has, in 2020 and 2021, had a great boost in popularity due to its low energy use in comparison to Bitcoin and other crypto. Two researchers compared the energy needed to run a server on ripple to what one would require to run an email server- pretty little energy.
