Comparison between
🔹 Currency XRP (Ripple)
🎯 Goal: Facilitate financial transfers between banks quickly and efficiently
🏢 Developed by Ripple Labs (private company)
⚙️ Does not rely on mining (fast and energy-efficient)
⏱️ Transaction speed: 3–5 seconds
💰 Very low fees
🏦 Supported by multiple financial institutions and banks
⚠️ Faces some legal challenges in the United States
🔹 Currency XLM (Stellar)
🎯 Goal: Facilitate financial transfers between individuals and non-profit organizations
🤝 Developed by Stellar.org (non-profit organization)
⚙️ No mining, operates with a lightweight and efficient consensus mechanism
⏱️ Transaction speed: about 5 seconds
💸 Very low fees as well
🌍 Targets regular users, especially in developing countries
✅ Currently does not face regulatory issues
🔹 Currency ADA (Cardano)
🎯 Goal: Build a platform for smart contracts and decentralized applications
👨🔬 Developed by the Cardano Foundation and IOHK led by scientists and engineers
🔄 Relies on a Proof of Stake system
⏱️ Transaction speed: from 10 to 20 seconds
💵 Low fees but slightly higher than XRP and XLM
🧪 Used in research and educational projects
✅ Considered one of the legally safe cryptocurrencies
