XRP is a cryptocurrency designed for fast and low-cost international transactions. Unlike Bitcoin or Ethereum, which primarily focus on decentralization, XRP aims to work with financial institutions to improve the global payments infrastructure.
2. Why is XRP Special?
Speed: Transactions settle in 3-5 seconds, making it one of the fastest in the crypto world.
Low Fees: Average transaction cost is less than $0.01—perfect for microtransactions and remittances.
Scalability: XRP can handle 1,500 transactions per second, far exceeding Bitcoin and Ethereum.
Energy Efficient: Unlike Bitcoin’s energy-intensive mining, XRP uses a consensus algorithm, significantly reducing its carbon footprint.
