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Author Topic: The deferences between Stellar and Ripple  (Read 27782 times)

Offline papar

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Re: The deferences between Stellar and Ripple
« Reply #15 on: November 07, 2018, 12:05:25 AM »
 It’s unclear whether there are live payments on Ripple yet — larger banks tend to be a much more conservative batch, and it’s possible that some will branch off to build their own technology and networks.
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Re: The deferences between Stellar and Ripple
« Reply #15 on: November 07, 2018, 12:05:25 AM »

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Offline Bilqist

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Re: The deferences between Stellar and Ripple
« Reply #16 on: November 07, 2018, 04:10:26 PM »
Many people say ripple is not decentralized but it is centralized because it is used many bank. Ripple also but it is has certification halal.
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Offline nagamerah

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Re: The deferences between Stellar and Ripple
« Reply #17 on: November 08, 2018, 04:27:07 AM »
RIPPLE and STELLAR is a network of real-time gross settlement system (RTGS), currency exchange and remittance. The Ripple Transaction Protocol (RTXP) or Ripple protocol and Stellar Protocol (SCP) protocols are built on Internet protocol and ledger consensus .

The native Ripple currency is called XRP. Ripple is supported by Ripple Labs company www.ripple.com

Currency Stellar is Lumens (XLM). Stellar is supported by the Stellar Development Foundation (SDF) nonprofit body www.stellar.org

Both of these networks provide tokens that represent fiat currency, crypto currency, commodity or other unit of value such as frequent flier miles or even mobile pulses. Ripple and Stellar are distributed to public databases or ledgers that use a consensus process that allows the payment, exchange and remittance processes to occur in the distributed process.

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Offline lopart

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Re: The deferences between Stellar and Ripple
« Reply #18 on: November 09, 2018, 12:24:28 AM »
Lumens is the cryptocurrency that supports the Stellar technology and it is sometimes called XLM, which is its ticker symbol. Lumens has done very well since it was released and it is now a strong multi-billion dollar top 10 cryptocurrency. Although Stellar can also be used by banks, the team are aiming their protocol towards the developing world.

Offline Abdee

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Re: The deferences between Stellar and Ripple
« Reply #19 on: November 21, 2018, 04:01:31 AM »
I think the difference lies in the transaction costs. And indeed these two coins have some similarities, but I think they also have differences

Offline Purwodadi

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Re: The deferences between Stellar and Ripple
« Reply #20 on: December 05, 2018, 11:27:37 PM »
it is true that there are so many similarities between stellar and ripples, but that all must be different between them, and we can see all those differences.

Offline Puncak_pelangi

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Re: The deferences between Stellar and Ripple
« Reply #21 on: December 09, 2018, 05:51:06 AM »
it's true that there are so many similarities between stellar and ripples, but that there must also be differences but I don't think the difference is too far.

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Re: The deferences between Stellar and Ripple
« Reply #21 on: December 09, 2018, 05:51:06 AM »


Offline rizky130399

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Re: The deferences between Stellar and Ripple
« Reply #22 on: December 09, 2018, 12:36:45 PM »
the difference is quite striking though the price has little in common hehehe but there are more differences in the function of the token made


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Re: The deferences between Stellar and Ripple
« Reply #24 on: December 24, 2018, 01:47:11 PM »
Ripple has a goal to continue to be in the banking sector and continue to work closely with the Central Bank of Representatives throughout the world.
But Stellar is not like that because Stellar is still real coin decentralized.
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Offline Cryptovishwas

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Re: The deferences between Stellar and Ripple
« Reply #25 on: January 26, 2019, 03:33:25 PM »
Ripple and Stellar Both are not 100% Decentralized. Stellar Still Holds 80% of the XLM, some part of which are release to curb increase in price of Coin. So XLM price always remains low.

Offline RoyalGirl

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Re: The deferences between Stellar and Ripple
« Reply #26 on: January 28, 2019, 02:38:30 AM »
Ripple was created in 2012 by American programmers David Schwarz and Jed McCaleb, with Chris Larson aiding in the business side of things. The project has its own cryptocurrency called XRP, which has the third highest market capitalization out of all cryptocurrencies. There is often confusion about the difference between Ripple and XRP, so let me clear things up and then move to the Stellar vs Ripple battle.
Ripple is the name of the company that is developing the software technology. This technology is powered by Ripple’s native cryptocurrency – XRP.
The Ripple technology was created to allow banks to transfer money internationally in just a few seconds, at practically no cost. The reason the founders decided to build it was because the current cross-border payments system is slow, expensive and inefficient.
This industry is huge, with an estimated $150 trillion being transferred between international banks every year. However, most of these transactions go through a centralized organization called SWIFT.
Sending payments through SWIFT can sometimes take days before it reaches the receiving bank, especially if less popular currencies are used. SWIFT also need to use correspondent banks, which helps connect both the sender and receiver to the network.
Every third party that is involved in the transaction charges their own commission, which is why it costs banks so much to send money overseas.
However, the Ripple system uses something called distributed ledger technology, which allows banks to bypass third parties and instead trade bank-to-bank.
The XRP cryptocurrency can also be used by banks using the Ripple technology, as it helps provide liquidity between two different currencies. In total, there will be 100 billion XRP coins issued, with the Ripple team holding almost 60% of this supply.
It is important to remember that although the Ripple protocol is being targeted to the banking industry, it can be used by anyone to send and receive funds, wallet-to-wallet.
So, now that you know what both Ripple and XRP are, the next part of my Stellar Lumens vs Ripple guide is going to give you an overview of Stellar Lumens!

Stellar Lumens was created two years later in 2014 by Jed McCaleb, who was a co-founder of Ripple. Just like I mentioned earlier, where there is a difference between Ripple and XRP, there is also a difference between Stellar and Lumens!
Stellar is the technology that allows funds to be sent and received quickly and cheaply.  Stellar also uses a distributed ledger protocol to process transactions and its code is very similar to Ripple’s. In fact, lots of people think that it is a fork of Ripple, however, the Stellar Lumens developers say that it is not. So, the Stellar vs Ripple is already starting.
Lumens is the cryptocurrency that supports the Stellar technology and it is sometimes called XLM, which is its ticker symbol. Lumens has done very well since it was released and it is now a strong multi-billion dollar top 10 cryptocurrency.
Although Stellar can also be used by banks, the team are aiming their protocol towards the developing world. The idea is that by using Stellar, everyday citizens and organizations from poorer countries will be able to transfer money internationally at practically no charge, in just a few seconds.
The Stellar protocol can also exchange two fiat currencies directly if there is enough activity, however, if this isn’t possible it can just use Lumens to bridge the two together.

Offline Warung_lontong

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Re: The deferences between Stellar and Ripple
« Reply #27 on: March 08, 2019, 02:56:20 PM »
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Offline Purwodadi

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Re: The deferences between Stellar and Ripple
« Reply #28 on: April 14, 2019, 01:11:26 AM »
it is true that between stellar coins and ripples have a lot in common, but they also have differences, among others, about the features they have each.

Offline Puncak_pelangi

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Re: The deferences between Stellar and Ripple
« Reply #29 on: April 26, 2019, 03:11:14 AM »
it is true that between ripple and stellar there are similarities, but they also have differences and usually about the features and systems of cooperation they do.

 

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