Bitcoin, Crypto currency, Blockchain

Ripple CEO: XRP is 1,000 times faster than Bitcoin, and 1,000 times cheaper

Ripple CEO: XRP is 1,000 times faster than Bitcoin, and 1,000 times cheaper

Home News Ripple CEO: XRP is 1,000 times faster than Bitcoin, and 1,000 times cheaper

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Marcel Knobloch –
03.10.2018

Ripple was a surprise to many listeners to the Swell meeting with the announcement that xRapid goes live with three different payment service providers use the technology in practice. Still, Brad garlinghouse stated that XRP is 1,000 cheaper and 1,000 times faster than Bitcoin.

The price of XRP jumped to this Anküngigung sharply from € 0.54 to € 0.60, and levelled off afterwards. Garlinghouse said that XRP has established itself as the most efficient crypto currency, when it comes to moving assets from one place to another.

At the end of August, we reported that Ripple moving whales XRP in the value of over 600 million dollars and a transaction fee in the amount of not even a Cent was obtained.

On the Swell conference in San Francisco, he stressed again that the price of XRP is unimportant for him. For him, clearly the focus is on how the technology can be used for the solution of problems in the world.

I don’t really think about the price development. I think about the technical performance. And I think of the fact that XRP is about 1,000 Times faster than a Bitcoin transaction, and about 1,000 Times less than a Bitcoin transaction.

XRP has shown that it is the most efficient digital Asset to the solution to a payment problem. What I say internally in the company, is that I don’t know how I should think about three days, three weeks or three months on the price of XRP. I think about how we build an incredibly successful product and solutions to this decentralized, Open-Source technology to solve a customer problem.

Ripple extruded this month, already three times Ethereum from the second place and won the silver medal. Further developments will show whether Ripple can lead to the positive developments of the last few weeks and this will show an impact on the price of XRP.

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