Technology and utility aside, there are apparent ideological differences behind the two projects. Ripple Labs is a for-profit technology company that invented and continues to develop the Ripple protocol. It owns a majority of the XRP tokens and has commercial interests, including a potential IPO. Ethereum, on the other hand, is a decentralised network supported by the Ethereum Foundation, a Swiss non-profit organisation.
So, is Ethereum better than Ripple? Let’s look at the main differences to find out.