Ripple is a global payment protocol designed for fast transactions and cheap payments on an international scale. The network uses a digital currency known as XRP (sometimes referred to as Ripple). Unlike other cryptocurrencies, Ripple is not intended to replace banks; rather, this project is designed to improve the functioning of banks (including transactions between different banks) through blockchain solutions.
, TRON is an entertainment platform based on blockchain with its own token TRX. The Mainnet was launched in 2018. The platform is intended to be a cheap way to consume entertainment content and easily share it. TRON is capable of hosting entertainment content and dApps.
TRON and Ripple: Conclusions
TRX and XRP have something in common, but they mainly differ in their user base.
The battle between TRON and Ripple seems to end in a draw, but nothing prevents them from coexisting as long as they have non-overlapping target audiences. They are indeed similar in some ways and both are built on a recognized foundation, which is not necessarily a bad thing. Both can boast colossal potential, viability, and stability.
When considering TRX and XRP from a technological standpoint, it is immediately necessary to note their differing principles. Both TRON and Ripple are standardized and decentralized. The value of each is also highlighted by their consistently low fee levels and lightning-fast transaction processing.
