What is Ripple ($XRP )?
Ripple Labs was created by Jed McCaleb in 2012 after the sale of Ripplepay. The aim of Ripple Labs was to create a faster and more energy-efficient blockchain than Bitcoin. In 2012, Ripple was formally launched with the creation of 100 billion XRPcoins.
What is Stellar ($XLM )?
Stellar is a non-profit organization. McCaleb’s goal with Stellar is to make it easier for people to transfer funds globally. With Stellar, you can send funds to any location in the world in seconds for a few pennies.
XLM vs XRP: What’s the difference?
The main difference between Stellar’s XLM and Ripple’s XRP is that Ripple caters to financial institutions while Stellar focuses on individuals (peer-to-peer transfers and remittances).
Here are a few more differences between our coins.
So what coins would choose to invest in?
