1. What is XRPH?

Introduction to XRPH Cryptocurrency

XRPH is the code for Ripple cryptocurrency. Ripple is a distributed, open-source payment network designed to facilitate fast and low-cost cross-border payments. Here are some basic details about XRPH:

1. Technical Foundation: Ripple is based on Distributed Ledger Technology (DLT) and uses a consensus algorithm to validate transactions.
2. Use: Ripple is primarily used for cross-border payments and remittances, aiming to reduce the high fees and delays of traditional banking systems.
3. Features: Ripple is characterised by its speed, low cost, and high reliability, with transaction speeds usually completed within a few seconds.
4. Issuance: Ripple's token XRPH is issued by Ripple Inc., with a total supply of 100 billion coins.
5. Application: Ripple has been adopted by numerous banks and financial institutions to achieve fast and low-cost cross-border payments.

Note: According to regulations from the Chinese government, all cryptocurrencies, including Ripple, are prohibited from being traded or used within China.

2. Who founded XRPH?

The cryptocurrency XRP (Ripple) was co-founded by Jed McCaleb and Chris Larsen. Jed McCaleb initially took over Ryan Fugger's RipplePay project in 2011 and collaborated with Chris Larsen to establish OpenCoin in 2012, which was later renamed Ripple Labs. In January 2013, Ripple Labs launched the cryptocurrency XRP.

3. Which venture capital invested in XRPH?

According to the provided search results, direct venture capital information related to XRP (XRPH) could not be found. However, the articles primarily discuss the early development and investment in Ethereum, particularly focusing on Xu Fang, CEO of Wanxiang Blockchain Labs, supporting Ethereum.

If you need venture capital information about XRP, it is recommended that you conduct a more specific search or check news and articles related to XRP.

4. How does XRPH operate?

XRP (Ripple) is a cryptocurrency primarily used to facilitate fast and low-cost cross-border payments. Here are the key points on how it operates:

1. Cross-Border Payments: XRP is designed to address the cross-border payment issues of traditional financial systems, providing faster, cheaper, and more secure transactions.

2. Consensus Algorithm: XRP uses the Ripple consensus algorithm rather than a Proof of Work (PoW) or Proof of Stake (PoS) mechanism. This allows for faster transaction speeds and lower energy consumption.

3. Bridge Currency: XRP can serve as a bridge between different fiat currencies, helping financial institutions settle transactions instantly across various currencies.

4. Transaction Fees: The transaction fees for XRP are very low, costing only 0.00001 XRP per transaction. These fees are "burned" and do not return to the circulating XRP pool, theoretically limiting the supply of XRP.

5. Pre-Mined: XRP is pre-mined, meaning all 100 billion XRP were created at the launch of the protocol. Ripple Inc. holds a majority of the XRP to promote market liquidity and support network growth.

6. Decentralisation: While XRP uses decentralised blockchain technology, Ripple Inc. plays a significant role in the development and issuance of XRP, holding a large quantity of XRP, which raises questions about its level of decentralisation.

7. Transaction Speed: XRP's transaction confirmation time is very short, usually taking only a few seconds, making it an efficient payment solution.

In summary, XRP has become an important player in the cross-border payment space through its unique consensus algorithm, low transaction costs, and fast transaction speeds.