ZClassic vs Ripple vs Litecoin
What problem does this service solve?
ZClassic is a fork of ZCash. The key differences are that ZClassic doesn't charge miners a fee and there are no limitations to create artificial scarcity in the coin supply. | 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. | Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use. |
Token Stats
Company Description
ZClassic is a privacy focused crytpocurrency that is a fork of ZCash. ZClassic enables a high degree of privacy and anonymity of transactions.The key differences between ZClassic and ZCash are the elimination of the 20% mining fee that are allocated as a "founders' reward" and the removal of ZCash's block limit, that was intended to create scarcity. | 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. | Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin. |