Ripple, a virtual currency that allows users to transfer money across the globe, has launched a digital currency called Ether.
The currency is available for purchase on the Ripple website and can be used to purchase goods and services in the cryptocurrency’s virtual currency network, EtherDelta, which is currently in beta testing.
EtherDelta is a platform that allows cryptocurrency traders to trade their own digital currency for goods and currency in the virtual world.
Users can trade EtherDelta in the EtherDelta platform or on a computer or smartphone.
Ether is a peer-to-peer cryptocurrency, which means it is peer-traded and has no central authority.
In addition, Ether is used to fund the development of a number of different projects, including a number that have recently been launched, including the Ripple-backed Digital Asset Exchange (DAX).
The Ripple-funded DAX is the first crypto-currency exchange to launch on a global stage, according to a statement from the company.
Etherdelta allows users who hold EtherDelta to trade and store their Ether in the Ethereum blockchain.
Users who do not hold Etherdroid can transfer their Ether from one EtherDelta wallet to another using a simple phone app.
The DAX project launched earlier this year and is focused on making digital currencies accessible to all, according a statement on the DAX website.
“The DAX team is committed to providing a global platform that enables people to transact with each other and to build value, and the Etherdeltas goal is to enable that,” the statement reads.
“We are excited to bring our vision of a decentralized digital currency exchange to the world, and look forward to building a world that is inclusive and open.”
A digital currency in a virtual world is different from an asset like gold or real estate.
Ether, a digital token, is a cryptocurrency that is not backed by any government and does not need a government to validate transactions.
Ether’s value fluctuates wildly over time.
Ether was worth about $6.25 a coin in 2016, but its value has plunged to around $0.15 in the past year, according in the Ripple whitepaper.
In the past month, Ether’s price has soared to nearly $5.30, and on Monday it hit $19 a coin, according the website CoinMarketCap.
Ether has become a popular cryptocurrency for investors and consumers looking for a quick and cheap way to store their digital assets.
The virtual currency was created by the Ethereum project, which was launched in 2013 to enable developers to create decentralized applications.
Ethereum also launched the Ripple Network, a distributed ledger that enables the transfer of money across a network of computers, including EtherDelta.