Bitcoin (BTC) vs Ripple (XRP) Comparison

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Company

User rating

2 / 5 2 user review 5 / 5 4 user review

Cryptogeek rating

4.2 / 5 5 / 5

Trust Score

How it works
3.74 / 5 4.7 / 5

About

Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.

Type

coin coin

Founding Date

2009 2012

Country

International International

Languages

No data No data

Team

Not Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

90182.4701 0.6852

All-time high (USD)

20089.0000 3.8400

Price change (24h)

2.05 -2.82

Volume (24h)

10848882748.81000 527804055.42156

Hashrate

93000000000 No data

Max Supply

21000000.00000 99999999999.99999

Total supply

No data No data

Circulating Supply

19781878.00000 99987041380.00000

Transaction speed / Block time

7 1500

Transaction fee

1 No data

Mining profitability

No data No data

Algorithm

SHA-256 No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

18433468.00000 No data

Is trading

yes No data

Block reward

6.250000000000 No data

Block time

600 No data
Company
User rating User rating 2 / 5 2 user review User rating 5 / 5 4 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 5 / 5
Trust Score How it works Trust Score 3.74 / 5 Trust Score 4.7 / 5
About
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.
Type Type coin Type coin
Founding Date Founding Date 2009 Founding Date 2012
Country Country International Country International
Languages Languages No data Languages No data
Team Team Not Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 90182.4701 Current price (USD) 0.6852
All-time high (USD) All-time high (USD) 20089.0000 All-time high (USD) 3.8400
Price change (24h) Price change (24h) 2.05 Price change (24h) -2.82
Volume (24h) Volume (24h) 10848882748.81000 Volume (24h) 527804055.42156
Hashrate Hashrate 93000000000 Hashrate No data
Max Supply Max Supply 21000000.00000 Max Supply 99999999999.99999
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 19781878.00000 Circulating Supply 99987041380.00000
Transaction speed / Block time Transaction speed / Block time 7 Transaction speed / Block time 1500
Transaction fee Transaction fee 1 Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm SHA-256 Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 18433468.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 6.250000000000 Block reward No data
Block time Block time 600 Block time No data

Social

Website

bitcoin.org ripple.com

Twitter

No data @Ripple
Website Website bitcoin.org Website ripple.com
Twitter Twitter No data Twitter @Ripple

Advantages

- Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Affordable Solves problems and creates opportunities Moving into CBDCs

Disadvantages

- Attack 51%; - Illegality in many countries; - Unpredictable rate. Not decentralized Uses a pre-mining protocol

Rating

User rating User rating 2 / 5 2 user review User rating 5 / 5 4 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 5 / 5
Advantages Advantages - Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Advantages Affordable Solves problems and creates opportunities Moving into CBDCs
Disadvantages Disadvantages - Attack 51%; - Illegality in many countries; - Unpredictable rate. Disadvantages Not decentralized Uses a pre-mining protocol

Bitcoin (BTC) user rating is 2, based on 2 user reviews. Ripple (XRP) user rating is 5, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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