$XRP $XLM m While both XRP and XLM share the same goal of facilitating fast and low-cost transfers, each has a different user segment and specific operational mechanism. So, what is the difference between them?

XRP (Ripple):

• Developed for use by banks and financial institutions

• Operates on the RippleNet network

• Relies on a protocol known as Consensus Ledger

• Used for instant money transfers between banks at almost zero cost

• Focuses on speed and liquidity among different currencies

XLM (Stellar):

• Primarily used by individuals and small businesses

• Operates on the open-source Stellar network

• Relies on a mechanism known as Stellar Consensus Protocol (SCP)

• Facilitates cross-border transfers for people without bank accounts

• Aims to promote financial inclusion globally

The fundamental difference?

• XRP addresses the traditional financial system and focuses on institutions

• XLM targets the average user and aims to connect everyone to the financial system

This comparison is very beautiful

Combining both goals

It confirms the existence of institutions with

Know your business

KYB

And confirms the presence of individuals with

Know your customer

KYC

While having the largest community and the largest contract

Then building an infrastructure of decentralized applications

And finally, moving towards complete decentralization for community governance by consensus

The consensus protocol of the Stellar network #ETHReclaims3800 #BinanceHODLerTree