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Ripple Chain (XRPCHAIN) is a fast, scalable, and secure blockchain platform that empowers the XRP ecosystem. It enables users to utilize XRP for smart contracts and transactions, making it a valuable asset within the ecosystem. Ripple Chain offers efficient and cost-effective solutions for blockchain-based activities with a high throughput of 2,000 transactions per second and an average gas fee of $0.0003 per transaction.
This fully developed ecosystem leverages XRP to facilitate on-chain transactions through gas fees and supports liquidity pools for developed tokens. Additionally, XRPCHAIN serves as the governance token that powers the Ripple Chain Ecosystem. Users can trade any RippleChain-based token through the platform’s low-fee decentralized exchange (DEX) and bridge ERC-20 funds to the Ripple Chain Network quickly and easily. The ecosystem also offers features such as the Locker for locking funds and tracking lock durations and the Analyzer for safe blockchain token scanning.
The Ripple Chain roadmap outlines the platform’s development plans. Phase 1, scheduled for Q3 2023, includes branding and the launch of the initial governance token, $XRPChain. In Phase 2, set for Q4 2023, RippleChain goes live, and the bridge opens, accompanied by extensive blockchain testing. Phase 3, starting in 2024 and beyond, focuses on token staking, deploying the DEX and Token Analyzer, a large wave of marketing, and initiatives to onboard new developers. All rights reserved © 2022. For more information, readers can reach out to contact@ripplechain.net.
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