Battle Between Ripple and Stellar, a Clear Winner May Be Emerging, Expert Says

Stellar (XLM) and Ripple’s XRP are two competing cryptocurrencies that both provide real-time payment settlement platforms and aim to establish a global blockchain payments network for the world’s financial institutions to run on.

While these two cryptos are very similar, there are some key differences in their protocol structure.

XLM has been touted as being more decentralized than XRP, but after the Stellar network went down for 2 hours last week, people are beginning to question its viability.

Voicing an opinion on this matter is blockchain industry insider, Emin Gün Sirer questioned Stellar’s level of decentralization and suggested Ripple may be a clear winner in light of XLM’s recent shutdown:

Moreover, according to Stellar CTO Nicolas Barry who spoke with crypto news outlet The Block, the Stellar network shut down because it’s being too decentralized too fast, and the system did the right thing by halting the network.

However, many people including the industry expert above will argue that this shutdown represents major flaws to Stellar’s protocol and puts Ripple’s XRP as the front running payment network protocol.

Which cryptocurrency do you think is better, XLM or XRP? Let us know what you think in the comment section below.

5 Comments

  • Ed Baton
    Posted May 23, 2019 8:16 am 0Likes

    Jab McCaleb, designed XRP & Mt. Gox for Bitcoin. I believe he understands what it takes to make the Stellar Network a better more stable network with far-reaching advantages over Ripple XRP. I don’t believe XRP will ever match the Stellar Network in the number of transaction per second it takes to be a global system for the unbank/underbanked population around the world. It’s a matter of time for banks (visa & master card), corporations, and governments to realize the power, speed and stability that Stellar offers.

    • Jesse
      Posted May 23, 2019 2:09 pm 0Likes

      As far as banks and visa comment… have u heard of earthport? I could continue but no need.

  • Jesse
    Posted May 23, 2019 2:08 pm 0Likes

    Wrong and wrong. Just wrong. Stellar doesn’t come close.

  • John
    Posted May 25, 2019 8:49 pm 0Likes

    Ripple has far more partnerships than any other Crypto. Earthport is one of them. Ripple is part of the Faster payment Taskforce, IMF, etc. No other Crypto can top them.

  • turexd
    Posted May 30, 2019 5:01 pm 0Likes

    IBM & Stellar – IBM Blockchain World Wire in 72 countries…go Wikipedia to find out IBM is behind all computing and now there are with Stellar. In few weeks Stellar is be number 3 cryptocurrency.

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