Ripple was created in 2012 by Ripple Labs,
The distinction is not the coin but the protocol.
Ripple supports any currency dollar, bitcoin, etc.
Ripple allows creation of the decentralized resource, storing information what one party owes another in which currency, hence debt obligations will make accounting absolute. In turn providing cheaper exchange.
The system could be interesting for banks due to being a middle man currency.
There are 100 billion XPR, 55 billion kept by XPR 40 already been allocated and 15 billion left to produce.
XPR can buy and sell quicker vs bitcoin, it can accommodate 1500 transactions per second, bitcoin can do maximum of 12.
Ripple has better cybersecurity protection, However Ripple protocol was created purely for profit, whilst complete opposite idea of the bitcoin.
Ripple wants banks involvement.
Ripple has 0 confidentiality
XRP is also named the most disappointing crypto
