Is Ripple different from Bitcoin?
• The total supply of XRP is capped at 100 billion while the total supply of Bitcoin is capped at 21 million.
• XRP’s average transaction speed is 4 seconds while Bitcoin’s transaction speed is 10 minutes.
• XRP Ledger could handle 1,500 transactions per second, which is 600 times faster than Bitcoin. Bitcoin can only handle an average of around 2.5 transactions per second.
• While XRP outperforms Bitcoin in terms of transactions per second, it has a different underlying consensus mechanism (trusted validators on XRP Ledger vs. distributed miners on Bitcoin) and therefore does not offer the same security that Bitcoin offers.
• XRP’s transaction fee is 0.00001 XRP (roughly $0.000001), while Bitcoin’s transaction fee is about $0.50-$1.00 per transaction.
Make sure you always do your own research, short and long term, when thinking investing in Crypto.
Here many people shoot blindly in the air. Also the control of your emotions makes a big difference, if in doubt, take a breath and think 3x.
God bless you folks