Luno, a global bitcoin and cryptocurrency exchange, has announced it will be listing Ripple (XRP). The Luno exchange now supports BTC, ETH, BCH, and XRP.
Ripple uses a distributed consensus ledger. This works through a network of validating servers, rather than a blockchain as in other cryptocurrencies. This is the direct asset transfer bit. The transaction speeds are also faster. An XRP transaction confirmation takes an average of 5 seconds to complete – significantly faster than other cryptocurrencies or today’s traditional financial networks, which can take days.