TSLA
Tesla
-- 410.440 NVDA
NVIDIA
-- 144.470 PLTR
Palantir
-- 79.890 AMD
Advanced Micro Devices
-- 125.370 CRNC
Cerence
-- 19.330 
$XRP (XRP.CC)$ Wait for retreat before go in Comparison of X...
Wait for retreat before go in
Comparison of XRP, Bitcoin, and Ethereum
XRP
• Launch Year: 2012
• Purpose: Payments and remittances
• Transaction Speed: ~3-5 seconds
• Transaction Cost: ~$0.0002
• Consensus Mechanism: XRP Ledger Consensus Protocol
• Max Supply: 100 billion (pre-mined)
• Current Supply: ~52 billion
• Energy Efficiency: High (low energy use)
• Use Cases: Cross-border payments, banking
• Market Dominance: ~2%
Bitcoin (BTC)
• Launch Year: 2009
• Purpose: Digital gold and store of value
• Transaction Speed: ~10 minutes
• Transaction Cost: ~$1-10 (varies)
• Consensus Mechanism: Proof of Work (PoW)
• Max Supply: 21 million
• Current Supply: ~19.5 million
• Energy Efficiency: Low (high energy use)
• Use Cases: Store of value, payments
• Market Dominance: ~45%
Ethereum (ETH)
• Launch Year: 2015
• Purpose: Smart contracts and decentralized apps (dApps)
• Transaction Speed: ~15-30 seconds
• Transaction Cost: ~$1-50 (varies with demand)
• Consensus Mechanism: Proof of Stake (PoS)
• Max Supply: Unlimited (but capped annually)
• Current Supply: ~120 million
• Energy Efficiency: Medium (post-merge to PoS)
• Use Cases: DeFi, NFTs, dApps, smart contracts
• Market Dominance: ~20%
XRP
• Launch Year: 2012
• Purpose: Payments and remittances
• Transaction Speed: ~3-5 seconds
• Transaction Cost: ~$0.0002
• Consensus Mechanism: XRP Ledger Consensus Protocol
• Max Supply: 100 billion (pre-mined)
• Current Supply: ~52 billion
• Energy Efficiency: High (low energy use)
• Use Cases: Cross-border payments, banking
• Market Dominance: ~2%
Bitcoin (BTC)
• Launch Year: 2009
• Purpose: Digital gold and store of value
• Transaction Speed: ~10 minutes
• Transaction Cost: ~$1-10 (varies)
• Consensus Mechanism: Proof of Work (PoW)
• Max Supply: 21 million
• Current Supply: ~19.5 million
• Energy Efficiency: Low (high energy use)
• Use Cases: Store of value, payments
• Market Dominance: ~45%
Ethereum (ETH)
• Launch Year: 2015
• Purpose: Smart contracts and decentralized apps (dApps)
• Transaction Speed: ~15-30 seconds
• Transaction Cost: ~$1-50 (varies with demand)
• Consensus Mechanism: Proof of Stake (PoS)
• Max Supply: Unlimited (but capped annually)
• Current Supply: ~120 million
• Energy Efficiency: Medium (post-merge to PoS)
• Use Cases: DeFi, NFTs, dApps, smart contracts
• Market Dominance: ~20%
XRP, the native cryptocurrency of the Ripple network, offers several advantages over other major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH):
1. Transaction Speed and Scalability
• Rapid Processing: XRP transactions are typically confirmed within 3 to 5 seconds, significantly faster than Bitcoin’s average of 10 minutes and Ethereum’s 15 to 30 seconds.
• High Throughput: The XRP Ledger can handle up to 1,500 transactions per second (TPS), surpassing Bitcoin’s 7 TPS and Ethereum’s 15-30 TPS.
2. Low Transaction Costs
• Minimal Fees: XRP transaction fees are typically around $0.0002, making it cost-effective for users. In contrast, Bitcoin and Ethereum fees can vary significantly, often reaching higher amounts during network congestion.
3. Energy Efficiency
• Consensus Mechanism: XRP utilizes the Ripple Protocol Consensus Algorithm (RPCA), which is less energy-intensive compared to Bitcoin’s Proof of Work (PoW) and Ethereum’s Proof of Stake (PoS) mechanisms. This results in a smaller environmental footprint.
4. Targeted Use Case
• Cross-Border Payments: XRP is specifically designed to facilitate fast and cost-effective cross-border transactions, making it appealing to financial institutions and payment providers.
5. Pre-Mined Supply
• Fixed Supply: All 100 billion XRP tokens were pre-mined at launch, providing clarity on total supply. This contrasts with Bitcoin’s mining process and Ethereum’s evolving supply model.
1. Transaction Speed and Scalability
• Rapid Processing: XRP transactions are typically confirmed within 3 to 5 seconds, significantly faster than Bitcoin’s average of 10 minutes and Ethereum’s 15 to 30 seconds.
• High Throughput: The XRP Ledger can handle up to 1,500 transactions per second (TPS), surpassing Bitcoin’s 7 TPS and Ethereum’s 15-30 TPS.
2. Low Transaction Costs
• Minimal Fees: XRP transaction fees are typically around $0.0002, making it cost-effective for users. In contrast, Bitcoin and Ethereum fees can vary significantly, often reaching higher amounts during network congestion.
3. Energy Efficiency
• Consensus Mechanism: XRP utilizes the Ripple Protocol Consensus Algorithm (RPCA), which is less energy-intensive compared to Bitcoin’s Proof of Work (PoW) and Ethereum’s Proof of Stake (PoS) mechanisms. This results in a smaller environmental footprint.
4. Targeted Use Case
• Cross-Border Payments: XRP is specifically designed to facilitate fast and cost-effective cross-border transactions, making it appealing to financial institutions and payment providers.
5. Pre-Mined Supply
• Fixed Supply: All 100 billion XRP tokens were pre-mined at launch, providing clarity on total supply. This contrasts with Bitcoin’s mining process and Ethereum’s evolving supply model.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Outfarer : Still got retreat/pullback? Thanksgiving 28th maybe people cash out and drop again?