Is Ripple the same as Bitcoin?

[Khaled2972909 32]

In many ways yes. Ripple currency "XRP" is similar to Bitcoin, in terms of the digital form of the currency based on mathematical formulas, and it has a limited number of coins, making it ultimately subject to mining. Both types of currency can be transferred from account to account (peer-to-peer, or P2P) without the need for any third party intervention. In addition, both currencies provide digital security to protect against potential counterfeiting.

[emrahgunes 12]

I find it smarter to buy xlm instead of xrp because xlm is more decentralized

[MLAMECHE01 34]

no it is not the same system with rippele we can create a multitude of currency.

[nhtk68 4]

not same :)

[emrahgunes 12]

I think it will increase in the long run, which was established to realize the xrp international EFT system faster and with much less cost in a short time.

[Earbuzz 87]

XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT. It will never be like bitcoin

[Backtomiami 45]

In fact, the ripple is a register that contains information that is accepted on the basis of a consensus of participants. Thanks to the platform, banks and companies can create their own networks and conduct transactions directly with each other, without the participation of intermediaries. Transactions are carried out using cryptographically executed transactions, which can be carried out using Fiat or internal currency (XRP). The platform's register shows only the amount of debt with assets that have the type of debt. Therefore, from this point of view, bitcoin and ripple differ dramatically.

[david51 44]

In contrast to bitcoin, ripple is not designed to be mined. 60 percent of  ripple tokens are owened by the ripple company while bitcoins are owened by people all over the world.Transaction speed of ripple is more faster than the bitcoin ones.

[Gabevita10 20]

The points you mention are very interesting, the similarity is great between these two cryptocurrencies, personally I lean towards XRP.

[dark1night 94]

Bitcoin is a digiral currency developed to make payments for products and services. Ripple, on the other hand, is a money transfer system and exchange tool created entirely targeting banks and payment networks. The reason behind the development of ripple is to create a real-time asset transfer system that is cheaper, more transparent and more secure than existing payment methods such as SWIFT

[maye22 63]

The only similarity that Ripple has to bitcoin is that both are cryptocurrencies but in reality they are very different.Ripple was conceived to carry out banking transactions between institutions and this is the opposite for what bitcoin was conceived for, which is a de-centralized network for making individual transactions. Another abysmal difference is its price, in addition Ripple has a different technology than Bitcoin. A similarity could be that both are mineable.

[maryoar 148]

It is definitely not the same! Since Ripple is not just a currency but a platform with an open source protocol that is created to allow fast and cheap transactions. Unlike Bitcoin, which was never conceived as a simple payment platform, Ripple is definitely going to protect all international transactions around the world. Ambitious enough.

[Tomasalfredo13 14]

It has a certain similarity in several technologies but Ripple is slowly declining in a few years, perhaps I was left out of the market

[feralexsw 58]

we cannot say at all that ripple and bitcoin are the same, both have very different uses and objectives from each other

[Sinan 29]

I think it is not same as Bitcoin beacause XRP has too musc total supply and XRP is ruling by company. 

[Joe510 28]

In my opinion when comparing ripple to bitcoin, ripple is the winner. However, 10 minutes and a few seconds are both still very fast when compared to the transaction speed associated with the traditional financial system (which can be more than a few days).

[carolinasimon100 61]

 

Ripple and Bitcoin are not the same definitely, they have some common things but Ripple is privately owned with a less open Blockchain, unlike Bitcoin: anyone with what is necessary can mine it.

 

[mahdititus16 216]

no brother the ripple is not same as bitcoin because the bitcoin is hight price and the ripple is low price , and people using btc more than ripple , that all my information .

[deniro54 15]

Bitcoin is  based on blockchain technology, while Ripple doesn't use blockchain but uses a distributed consensus ledger using a network of validating servers and crypto tokens called XRP (sometimes referred to as Ripples)

[hassan raza 87]

both could not be same all coin are have their own blockchain some are using the same chain of tron and other chains like eth steem and tron so we should consider that every coin has its own market value and team ,

[Jromz 2158]

From what I have heard, XRP is not quite inline with the decentralization principles that led to the development of bitcoin. Instead, XRP was created for banks, aiming to create an improved system to transfer assets, with lower fees and more secure than previously used SWIFT payments. 

 

 

[Whited35 15285]

If you are representing Bitcoin and XRP just in the form of cryptocurrencies, there is no differences but if you locate their prices, blockchain networks, participating nodes in their blockchain network, etc. There are so many differences. Also, another point that has to be noted, XRP is token in Ripple network but Bitcoin is a coin from Bitcoin blockchain network. 

[Jonathon 4]

In fact, the ripple is a register that contains information that is accepted on the basis of a consensus of participants. Thanks to the platform, banks and companies can create their own networks and conduct transactions directly with each other.

[leakydonney 1402]

Bitcoin and Ripple are not the same because they both use different technology since bitcoin is based on blockchain technology, while Ripple uses a distributed consensus ledger and also both have different purpose since Bitcoin is intended to be used as a means of payment for goods and services, while Ripple is intended to be used as payment settling, currency exchange and remittance system intended for banks and payment networks.

[nykas 2812]

Ripple and bitcoin are ideologically different projects. They have absolutely different  purposes. And creators thought about different things when created them. Ripple is more conservative cryptocurrency. Bitcoin is provides more freedom and it's more anonymous