Coins such as XRP, BTC, and SOL each reside on their own unique blockchain–meaning they were originally designed with their own rules, consensus mechanisms, and transaction validation systems. For example:
- XRP runs on the XRP Ledger.
- Bitcoin (BTC) runs on the Bitcoin network.
- Ether (ETH) runs on the Ethereum network.
When a coin has its own blockchain, it typically can only be sent, stored, or received using wallets and addresses compatible with that blockchain.
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