Reddit

David

Algorand

Read

<ul> 
 <li>XRPL showcases unparalleled transaction speed, outpacing Bitcoin, Ethereum, and Cardano.</li> 
 <li>With a minimal transaction cost of $0.0004, XRPL offers the most cost-effective solution.</li> 
 <li>Despite not reaching its claimed 1,500 TPS, XRPL’s scalability remains superior to its competitors.</li> 
</ul> 
<p>The XRP Ledger (XRPL) in the ever-evolving blockchain landscape, has emerged as a formidable contender, outclassing giants like Bitcoin, Ethereum, and Cardano. Recent on-chain metrics reveal XRPL’s unmatched prowess in transaction speed, cost-efficiency, and scalability.</p> 
<p>XRPL takes the lead with a lightning-fast 3.6 seconds per transaction, leaving Bitcoin’s hour-long waits in the dust. Ethereum, despite its Merge update, lags with a 15-second minimum transaction time. Cardano, while faster than both Bitcoin and Ethereum, still trails XRPL with a 20-second average.</p> 
<p>Cost-wise, XRPL offers an unbeatable average<a href="https://twitter.com/JoelKatz/status/1632198097257496576" target="_blank" rel="noopener noreferrer nofollow"> transaction fee</a> of $0.0004. In contrast, Bitcoin users face a hefty $0.8073 fee, and Ethereum’s cost, post-Merge, stands at an average of $0.47. Cardano’s fees, dependent on transaction size, range between $0.15 to $0.19.</p> 
<p>On the scalability front, XRPL shines again. Although Ripple’s CTO, David Schwartz, clarified that the network handles <a href="https://twitter.com/JoelKatz/status/1646649714417487872" target="_blank" rel="noopener noreferrer nofollow">300 to 500 TPS</a>, this figure still surpasses Bitcoin’s seven TPS and Ethereum’s 29 TPS. Cardano, with its 250 TPS, is the only close competitor.</p> 
<p>The consistent performance of the XRP Ledger underscores Ripple’s commitment to revolutionizing the crypto space. As blockchain technology continues to evolve, Ripple and XRP are poised to lead the way, offering users faster, more affordable, and scalable solutions.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"> Giveaway Alert: Win 100 USDT <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Participate in our exciting giveaway! <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Follow <a href="https://twitter.com/cryptonewsland?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CryptoNewsLand</a> . <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Join our Telegram <br> channel : <a href="https://t.co/DANjSIzz6f" rel="noopener noreferrer nofollow">https://t.co/DANjSIzz6f</a><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Like and Retweet this post <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tag your 3 friends in the comments<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5d3.png" alt="🗓" class="wp-smiley" style="height: 1em; max-height: 1em;"> Giveaway ends on Aug 29th. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3c6.png" alt="🏆" class="wp-smiley" style="height: 1em; max-height: 1em;"> Winners… <a href="https://t.co/eFMJBHv99w" rel="noopener noreferrer nofollow">pic.twitter.com/eFMJBHv99w</a></p>— Cryptonewsland (@cryptonewsland) <a href="https://twitter.com/cryptonewsland/status/1686260181628297216?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 1, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/cardano-draws-flak-over-9-tps-post-vasil-reddit-post/" rel="noopener noreferrer nofollow">Cardano Draws Flak Over “9 TPS” Post-Vasil Reddit Post</a></li> 
 <li><a href="https://cryptonewsland.com/ripples-xrp-poised-for-large-scale-adoption-with-xrpl-evm/" rel="noopener noreferrer nofollow">Ripple’s XRP Poised for Large-Scale Adoption with XRPL EVM</a></li> 
 <li><a href="https://cryptonewsland.com/algorand-surpasses-top-layer1s-in-speed-with-its-latest-upgrade/" rel="noopener noreferrer nofollow">Algorand Surpasses Top Layer1s in Speed with its Latest Upgrade</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-fans-rejoice-as-xrpl-tipbot-makes-huge-comeback-on-twitter/" rel="noopener noreferrer nofollow">XRP Fans Rejoice as XRPL TipBot Makes Huge Comeback on Twitter</a></li> 
 <li><a href="https://cryptonewsland.com/ethereumeth-to-process-100000-transactions-per-second/" rel="noopener noreferrer nofollow">Ethereum(ETH) To Process 100,000 Transactions Per Second</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/xrpls-unmatched-speed-and-cost-surpasses-btc-eth-ada/">XRPL’s Unmatched Speed and Cost, Surpasses BTC, ETH, ADA</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRPL’s Unmatched Speed and Cost, Surpasses BTC, ETH, ADA

Crypto News Land

Other articles published on Aug 15, 2023

Bitcoin’s On-Chain Indicators Display Extreme Readings Amid Low Volatility

SEC Takes Action Against UK Company Over Audit

Republican lawmakers now probing Prometheum

Ethereum Price Prediction: Bulls In Fear, Will ETH Revisit $900?

AllianceBlock Debuts Nexera Exchange: The On-Chain Limit Order Book Protocol On Arbitrum One

Hedera (HBAR) Rockets as FedNow Integration Boosts Price

Join our free newsletter for daily crypto updates!