Ripple vs Stellar vs BitcoinDark
What problem does this service solve?
Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments. | Stellar is an open-source protocol that uses blockchain technology to enable decentralized, cross-border money transfers with very low fees. | This is a fork of Bitcoin with a poorly defined purpose and vision. |
Token Stats
Company Description
Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost. | Stellar is a decentralized protocol for sending and receiving money, in any pair of currencies, directly on the internet. Stellar enables users to transfer money on their network directly, without banks, and without fees. It was originally created by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple. | BitcoinDark is a fork of Bitcoin with a poorly defined purpose and use case. BitcoinDark is based on the InstantDEX protocol, a decentralized exchange for BitcoinDark and other cryptocurrencies supported by the project. The platform is also supposed to include a Pegged Asset Exchange (PAX) to allow users to buy and sell pegged assets – including fiat currencies, commodities, ETFs, and stocks. |