Post
Topic
Board Speculation (Altcoins)
Re: About Ripple Xrp
by
1ofthemany
on 01/05/2017, 19:59:09 UTC
People don't seem to understand that use of ripple network is not use of XRP. Banks do not have to buy XRP to use ripple network.

The only way to route a transaction between Ripple Consensus Ledger and Interledger Protocol is by using XRP via a feature called Escrow. Ripple ledger's PayChan feature (which is pretty much ripple's "lightning network") also supports XRP only.