Wikipedia:
“Released in 2012, Ripple is a real-time gross settlement system, currency exchange and remittance network by Ripple Labs. It is also called the Ripple Transaction Protocol and is built upon a distributed open source Internet protocol, consensus ledger and uses the native “cryptocurrency” XRP. Ripple’s focus is to create a system than enables “secure, instantly and nearly free global financial transactions of any size with no chargebacks”.
At its core, Ripple is based around a shared, public ledger which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.”
“their algorithm is not “new” but a less secure slower variation of the DPOS algorithm I originally introduced in April 2014”
https://steemit.com/cardamon/@dan/peer-review-of-cardano-s-ouroboros
If u reading this, u likely know what is STEEMIT, and how it work (DPOS). Thx 
