Ripple CEO Brad Garlinghouse Says XRP Is "1,000x Faster" Than Bitcoin

Garlinghouse said Bitcoin is slow and argued XRP offers much faster value transfers at scale, highlighting a long-running speed comparison between major cryptocurrencies.

BTC
XRP

Summary

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Terms & Concepts
  • XRP: A digital asset used on the XRP Ledger, a blockchain-based payment network designed for fast value transfers.
  • Bitcoin: The first and largest cryptocurrency, operating on a decentralized blockchain network for peer-to-peer value transfer.
  • Blockchain: A distributed digital ledger that records transactions across a network of computers without a central authority.