The XRP blockchain is a public, open-source ledger of all XRP transactions. The blockchain is distributed network of computers that are constantly and automatically updated by the actions of users. Each node (a computer connected to the blockchain network) keeps a copy of the blockchain that it receives when it joins the network.

Cardano is a blockchain platform that, in some ways, aims to improve on the design of the original blockchain. Cardano is an open source project that features a smart contract system as well as a new proof-of-stake algorithm. What makes Cardano unique from other blockchain platforms is their philosophy of engineering decisions toward a "philosophy of simplicity". The goal of this philosophy is to eventually reduce the total number of ways to interact with the chain to three: (1) stake, (2) spend and (3) vote.

	XRP	Cardano
Created by	Jed McCaleb, Arthur Britto and David Schwartz	Charles Hoskinson
Native token	XRP	ADA
Consensus algorithm	RPCA	PoS
Hashing algorithm	RPCA	EdDSA
Supports EVM	No	No
TPS	1500	250
Block time (secs)	10	20
Layer	1	1
Supports smart contracts	No	Yes
Average transaction fee	$0.0002	$0.18
Staking rewards (APR)	3.03%	5%

XRP vs. Cardano

Overview

Table of Contents

Comparison

Is XRP faster than Cardano?

Is XRP cheaper than Cardano?