Litecoin (LTC) vs Ripple (XRP) Comparison

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Company

User rating

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

Cryptogeek rating

3.4 / 5 5 / 5

Trust Score

How it works
3.98 / 5 4.7 / 5

About

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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

2011 2012

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

76.8826 0.7077

All-time high (USD)

375.2900 3.8400

Price change (24h)

-3.34 15.51

Volume (24h)

52955450.34191 721822063.09407

Hashrate

165730 No data

Max Supply

84000000.00000 99999999999.99999

Total supply

No data No data

Circulating Supply

75189214.48347 99987041380.00000

Transaction speed / Block time

56 1500

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Scrypt No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

65464957.99676 No data

Is trading

yes No data

Block reward

12.500000000000 No data

Block time

150 No data
Company
User rating User rating 5 / 5 5 user review User rating 5 / 5 4 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 5 / 5
Trust Score How it works Trust Score 3.98 / 5 Trust Score 4.7 / 5
About
Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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 2011 Founding Date 2012
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 76.8826 Current price (USD) 0.7077
All-time high (USD) All-time high (USD) 375.2900 All-time high (USD) 3.8400
Price change (24h) Price change (24h) -3.34 Price change (24h) 15.51
Volume (24h) Volume (24h) 52955450.34191 Volume (24h) 721822063.09407
Hashrate Hashrate 165730 Hashrate No data
Max Supply Max Supply 84000000.00000 Max Supply 99999999999.99999
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 75189214.48347 Circulating Supply 99987041380.00000
Transaction speed / Block time Transaction speed / Block time 56 Transaction speed / Block time 1500
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm Scrypt 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 65464957.99676 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 12.500000000000 Block reward No data
Block time Block time 150 Block time No data

Social

Website

litecoin.org ripple.com

Twitter

@LitecoinProject @Ripple
Website Website litecoin.org Website ripple.com
Twitter Twitter @LitecoinProject Twitter @Ripple

Advantages

Open-source Network Decentralized Transactions Fees Affordable Solves problems and creates opportunities Moving into CBDCs

Disadvantages

Has some branding issues Not decentralized Uses a pre-mining protocol

Rating

User rating User rating 5 / 5 5 user review User rating 5 / 5 4 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 5 / 5
Advantages Advantages Open-source Network Decentralized Transactions Fees Advantages Affordable Solves problems and creates opportunities Moving into CBDCs
Disadvantages Disadvantages Has some branding issues Disadvantages Not decentralized Uses a pre-mining protocol

Litecoin (LTC) user rating is 5, based on 5 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?
Trust Score: 3.98 / 5 Write review
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