#BTC # SOL # XRP # ADA
ADA (Cardano), XRP (Ripple), Bitcoin (BTC) and Solana (SOL) coins:
1. ADA (Cardano)
Purpose: A blockchain platform focused on smart contracts, sustainability and scalability.
Technology: Utilizes the Proof of Stake (PoS) consensus protocol called Ouroboros.
Highlights:
Emphasizes peer-reviewed academic research.
Designed to solve security and efficiency issues of other blockchains.
Main use: DApps, DeFi, and digital identity in emerging markets.
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2. XRP (Ripple)
Purpose: Built to facilitate fast and low-cost international transfers.
Technology: Utilizes a decentralized protocol that is not mining (does not use PoW or PoS).
Highlights:
Transactions in seconds and very low fees.
Focus on financial services and partnerships with banks.
Main use: Cross-border payments and corporate solutions.
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3. Bitcoin (BTC)
Purpose: First cryptocurrency created as a decentralized store of value and medium of exchange.
Technology: Based on Proof of Work (PoW) consensus.
Highlights:
Largest and most recognized cryptocurrency.
Limited to 21 million units, ensuring scarcity.
High security, but with scalability and cost challenges.
Main use: Store of value (digital gold) and global transactions.
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4. Solana (SOL)
Purpose: Blockchain focused on high speed and low transaction costs.
Technology: Combines Proof of Stake (PoS) with Proof of History (PoH) for greater scalability.
Highlights:
Very low fees and thousands of transactions per second (TPS).
Attracts DApps, NFTs and DeFi solutions.
Main use: Applications in gaming, NFTs, and decentralized finance (DeFi).
