XRP vs Bitcoin

XRP and Bitcoin 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

  1. Metrics
  2. Comparison

Comparing Metrics

XRPBitcoin
Created byJed McCaleb, Arthur Britto and David SchwartzSatoshi Nakamoto
Native tokenXRPBTC
Consensus algorithmRPCAPoW
Hashing algorithmRPCASHA-256
Supports EVMNoNo
TPS15005
Block time (secs)10600
Layer11
Supports smart contractsNoNo
Average transaction fee$0.0002$5.0973
Staking rewards (APR)3.03%0%

High-level Comparisons

Is XRP faster than Bitcoin?

Yes, XRP can process 1500 transactions per second. Bitcoin only processes up to 5.

Is XRP cheaper than Bitcoin?

Yes, XRP has an average transaction fee of $0.0002, whereas Bitcoin costs $5.0973.