XRP Prepares for Big News as Ripple CEO Answers “Hard Questions” After a Stellar Week


This week has been an exciting one for Ripple and XRP as the company announced a number of partnerships and other developments.

While Ripple (XRP) is currently trading at $0.25 cents with a market cap of $11.01 billion, many are eager to see what the coin has in store for it in quarter 4 of 2019.

ripplexrppricecharttoday

First, as many saw the news regarding a possible XRP bull run in order (click the image to read):

Next, let's recap some of the latest ripple news about the advancements in the XRP world

latestripplexrpnewsupdatesoctober2019

One of the big news has been of Samsung Electronics America teaming up with the UK-based payment platform Finablr, a RippleNet member.

An early supporter of crypto assets and blockchain, Samsung is adding a new feature called Money Transfer to its Samsung Pay mobile app that will allow people to send money to 47 countries through different payment options.

Ripple’s investment arm, Xpring made headlines with Xpring Developer Platform, Logos network acquisition, investment in Vega Protocol, and partnership with BitPay to boost XRP development and adoption.

Cryptocurrency exchange Coinbase is also discussing the possibility of hiring the engineering team of Ripple-backed Omni Rentals.

This week, David Schwartz, Ripple CTO detailed what does XRP Ledger has in store for the future. In this blog post, he talked about consensus algorithm, performance, and features like XRP-collateralized stablecoin.

In terms of the consensus protocol, Schwartz proposes a change in design because currently when servers lose sync with the network, they are forced to resynchronize and then fetch all the missed ledgers simultaneously.

Furthermore, he wants to upgrade from one to two separate consensus layers where one will focus on advancing the ledger and the other on the fee.

After such a spectacular week, next week Ripple CEO, Brad Garlingouse will be providing answers to some hard questions, in an interview with Morgan Creek Capital’s Anthony Pompliano.

The interview will drop for Pop’s “Off the Chain” paying members on Tuesday and Wednesday for non-members.

The community is excited to hear the conversation between Pomp the Bitcoiner and Ripple CEO.

It would be interesting to see Pomp’s view on Ripple after this interview and the insight Garlinghouse will provide on Ripple and XRP’s ongoing development and more.

Live Ripple (XRP) Price:

1 XRP/USD =$0.2464 change ~ 2.46%

Coin Market Cap

$10.67 Billion

24 Hour Volume

$186.84 Million

24 Hour VWAP

$0

24 Hour Change

$0.01

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