Bitcoin vs XRP
Bitcoin and XRP are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
| Bitcoin | XRP | |
|---|---|---|
| Created by | Satoshi Nakamoto | Jed McCaleb, Arthur Britto and David Schwartz |
| Native token | BTC | XRP |
| Consensus algorithm | PoW | RPCA |
| Hashing algorithm | SHA-256 | RPCA |
| Supports EVM | No | No |
| TPS | 5 | 1500 |
| Block time (secs) | 600 | 10 |
| Layer | 1 | 1 |
| Supports smart contracts | No | No |
| Average transaction fee | $5.0973 | $0.0002 |
| Staking rewards (APR) | 0% | 3.03% |
High-level Comparisons
Is Bitcoin faster than XRP?
No, Bitcoin only processes 5 transactions per second. XRP processes up to 1500.
Is Bitcoin cheaper than XRP?
No, Bitcoin has an average transaction fee of $5.0973, whereas XRP costs $0.0002.