Monero vs. XRP
In this article we'll compare Monero and XRP. This is an indepth review that considers many metrics.
Overview
Monero | XRP | |
---|---|---|
Created by | Riccardo Spagni | Jed McCaleb, Arthur Britto and David Schwartz |
Native token | XMR | XRP |
Consensus algorithm | PoW | RPCA |
Hashing algorithm | randomx | RPCA |
Supports EVM | No | No |
TPS | 1700 | 1500 |
Block time (secs) | 120 | 10 |
Layer | 1 | 1 |
Supports smart contracts | No | No |
Average transaction fee | $0.001 | $0.0002 |
Staking rewards (APR) | 0% | 3.03% |
Table of Contents
Comparison
Is Monero faster than XRP?
Yes, Monero processes 1700 transactions per second, whereas XRP only processes 1500.
Is Monero cheaper than XRP?
Yes, Monero has an average transaction fee of $0.001, whereas XRP costs $0.0002.