Ethereum vs Ripple
• Purpose:
$ETH : Platform for smart contracts, dApps, DeFi and NFTs.
$XRP: Focused on fast and cheap financial transfers, aiming to replace systems like SWIFT.
• Speed and Scalability:
$ETH: Fewer transactions per second (15-30 TPS), gradually improving with Ethereum 2.0, but faces high congestion costs.
$XRP: Faster, with 1,500 TPS and settlement in 4 seconds.
• Fees:
$ETH: Volatile and often high gas fees.
$XRP: Very low fees (usually below $0.01).
• Technology:
$ETH: Uses smart contracts and PoS consensus, sustainable and decentralized.
$XRP: Based on the XRPL protocol, efficient but less decentralized.
• Regulation:
$ETH: Positive perception, lower regulatory risk.
$XRP: Affected by disputes with the SEC, causing uncertainty in the market.
• Adoption:
$ETH: Large community of developers and projects on Web3.
$XRP: Popular among financial institutions for efficiency, but less focused on community.
