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Strategies & Market Trends : Ride the Tiger with CD
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To: Gib Bogle who wrote (308822)4/13/2025 12:47:45 PM
From: flashforward20091 Recommendation

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Ripple differs from Bitcoin in several ways:


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  • Bitcoin operates on a decentralized network, while Ripple relies on a consensus algorithm and a network of trusted validators.

  • Ripple aims to facilitate seamless cross-border transactions, while Bitcoin focuses on being a store of value and a medium of exchange.

  • Bitcoin uses Proof of Work, while Ripple employs a consensus protocol to validate account balances and transactions stored on a common ledger called the XRP Ledger.

  • Ripple is a centralized platform that aims to bridge the gap between traditional banking and digital currencies, while Bitcoin was designed to be decentralized and independent of any central authority.

  • Unlike Bitcoin, Ripple doesn’t use blockchain: instead, its distributed consensus ledger uses the network that validates server and the proprietary currency called XRP.
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