XRP Ledger or Stellar?

[Abiky]

The XRP Ledger is known for its blazing-fast transaction speeds and ultra-low fees. It's Ripple's "glorious" creation often marketed as superior to SWIFT. Those who invested within XRP's early days have now made astronomical returns in their investment. It's still valued at less than $1, making it an ideal solution for day-to-day payments (although at a cost of increased centralization).

There's an alternative called Stellar, which is similar to XRP but with a community-oriented approach. The network's native cryptocurrency (XLM), is as cheap as XRP is (sort of) making it an ideal solution for those who want greater decentralization with added convenience. Both cryptocurrencies are nearly identical, but each have their unique purposes/uses in real life. I believe XLM will stand the test of time, because of its decentralized network architecture. XRP is subject to failure as Ripple (the company) controls it in every way. Imagine what will happen if there's a government crackdown on Ripple or the company closes its operations. It'll be the end of XRP as we know it.

Which do you think is best? Stellar or XRP? Will both coins survive with ever-growing competition the crypto/Blockchain space? Or will they eventually become replaced by another contender? Your input will be greatly appreciated. Thank you.

[crwth]

I believe that it's still best to choose what you are comfortable with and feel in because both coins have the right goals in mind to make our lives easier to transact.

Having occurred with the recent news on Ripple (not XRP) on the SEC thing, they are expected to have been down on it, but it's still standing now and even won the case. It's so that it affects XRP in this case. With this company has gone through, I believe they would still survive with the competition in general.

The surviving factor would still be on them, and both coins will be here for a long time.

[tabas]

I believe that it's still best to choose what you are comfortable with and feel in because both coins have the right goals in mind to make our lives easier to transact.

I second this. Whichever is available and comfortable to you, that's the best or helpful to you. I believe XRP can be another option if you can use it with cheap and fast transactions and I do believe the same with Stellar. But if I don't want to convert into these coins then I'll simply send the crypto that I have in its own form and I don't have to convert it first with any of those altcoins.

[MusaMohamed]

I second this. Whichever is available and comfortable to you, that's the best or helpful to you. I believe XRP can be another option if you can use it with cheap and fast transactions and I do believe the same with Stellar. But if I don't want to convert into these coins then I'll simply send the crypto that I have in its own form and I don't have to convert it first with any of those altcoins.

XRP is good for small transaction to save transaction fees. Why I don't recommend XRP if you want to move a big fund?

Even it has fast transaction time, you are at risks of news and FUD that can be from SEC and regulations. It can be dumped 50% or more shortly if SEC makes a news on Ripple. It happened in the past and might repeatedly appear in the future.

If you move a big fund, use Bitcoin, not XRP or any altcoin. Save a little fee if you are moving a big fund is not matter but the risk is big. If I have 1 Bitcoin, I won't save $10 or $20 from transaction fee and take risk with XRP.

[crwth]

I second this. Whichever is available and comfortable to you, that's the best or helpful to you. I believe XRP can be another option if you can use it with cheap and fast transactions and I do believe the same with Stellar. But if I don't want to convert into these coins then I'll simply send the crypto that I have in its own form and I don't have to convert it first with any of those altcoins.

I think he doesn't need to convert anything if he buys it directly like that though. Some exchanges allow that too.


Maybe OP, you can consider staking. I think you can stake XRP with a Ledger IIRC. I'm not sure if it can be done with stellar though. You can make this an additional factor to your decision.

[vv181]

Will both coins survive with ever-growing competition the crypto/Blockchain space?

A few month ago, Stellar conduct a contest called Stellar Quest, it's an initiative from the team to let users learn the XLM ecosystem and get a reward, its challenge-based quest.

I believe it is a good way to attract community within crypto spaces, I just barely know it a few months ago, in fact, they usually make that kind of contest. The challenges itself might be intended to attract users/developers to build things using XLM. I think it's a good way to keep good ideas flowing into the ecosystem, noting it will keep up the Stellar pace to what's happening in the whole cryptocurrency nature. So, I believe stellar will keep up the competition.

[heroalam]

I Think xlm becuse they have there own blockchain. Stellar is an open-source network also i think there future brighter than others

[tabas]

I second this. Whichever is available and comfortable to you, that's the best or helpful to you. I believe XRP can be another option if you can use it with cheap and fast transactions and I do believe the same with Stellar. But if I don't want to convert into these coins then I'll simply send the crypto that I have in its own form and I don't have to convert it first with any of those altcoins.

XRP is good for small transaction to save transaction fees. Why I don't recommend XRP if you want to move a big fund?

Even it has fast transaction time, you are at risks of news and FUD that can be from SEC and regulations. It can be dumped 50% or more shortly if SEC makes a news on Ripple. It happened in the past and might repeatedly appear in the future.

If you move a big fund, use Bitcoin, not XRP or any altcoin. Save a little fee if you are moving a big fund is not matter but the risk is big. If I have 1 Bitcoin, I won't save $10 or $20 from transaction fee and take risk with XRP.

I agree they're all good for smaller transactions but since I don't have both of them and I got bitcoin, I don't want to convert it first with those altcoins if I can do it alone on bitcoin and save lesser fees. The fees for bitcoin transactions lately became cheap and that's why there's no need to convert into those.

I think he doesn't need to convert anything if he buys it directly like that though. Some exchanges allow that too.

With some situation that someone who owns bitcoin wants to save fees, they're going to exchange it to exchanges first then transfer it.

[crwth]

With some situation that someone who owns bitcoin wants to save fees, they're going to exchange it to exchanges first then transfer it.

I think it depends on where they are keeping it. Whether they are on it in the following

• Hardware wallet
• Exchange wallet

Definitely, in a hardware wallet, it's going to double in fees, unlike if it's already in the exchange, it's only a one-time withdrawal fee if you ever put it into your wallet. Fees are such a killjoy.

[tabas]

With some situation that someone who owns bitcoin wants to save fees, they're going to exchange it to exchanges first then transfer it.

I think it depends on where they are keeping it. Whether they are on it in the following

• Hardware wallet
• Exchange wallet

Definitely, in a hardware wallet, it's going to double in fees, unlike if it's already in the exchange, it's only a one-time withdrawal fee if you ever put it into your wallet. Fees are such a killjoy.

Yes, if your balance is found in the exchanges. That's easier to use any of them if you want to save from those fees.
Yeah, those fees are are a form discouragement whenever we're going to send but it's needed and we have to support the ecosystem of any crypto that we're going to use for transfers.

[Flowzer]

Which do you think is best? Stellar or XRP? Will both coins survive with ever-growing competition the crypto/Blockchain space? Or will they eventually become replaced by another contender? Your input will be greatly appreciated. Thank you.

I prefer XLM over XRP for the comparison of both coins, but theres another coin that i think better, its EOS.
You can pay powerup on your account then u can have many fast transactions for 24 hours.

[crwth]

Yeah, those fees are are a form discouragement whenever we're going to send but it's needed and we have to support the ecosystem of any crypto that we're going to use for transfers.

Fees are a big part of how the economy works in this industry and I have never looked at it that way. I'm quite surprised that I haven't thought of the bigger picture of the economy and how it's going to continue if no one transacts. This is more inevitable if we have reached the BTC limit of 24M.

[Abiky]

I believe that it's still best to choose what you are comfortable with and feel in because both coins have the right goals in mind to make our lives easier to transact.

Having occurred with the recent news on Ripple (not XRP) on the SEC thing, they are expected to have been down on it, but it's still standing now and even won the case. It's so that it affects XRP in this case. With this company has gone through, I believe they would still survive with the competition in general.

The surviving factor would still be on them, and both coins will be here for a long time.

In my opinion, Stellar has a higher chance for survival than XRP because it's decentralized. The moment Ripple (the company) goes down, so will the XRP Ledger putting user's funds at risk. That's what you get with a centralized system which mimics banks and payment processors in every way. If you're going to use XRP for day-to-day payments, I'd advise not to spend more than what you can't afford to lose.

I believe XRP will find its place in the world as the #1 platform for micropayments. Stellar on the other hand, will be used more seriously for large transactions because of its decentralized and censorship-resistant design. The platform is more open to the community than XRP itself. Blazing-fast transaction speeds and ultra-low fees makes Stellar a better alternative than Litecoin or Dogecoin itself. How far will these coins go (XRP and XLM) will entirely depend on how many people use them worldwide. The greater the adoption, the greater the demand will be. Time will tell us which coin stays and which goes all the way down the drain.

[Coroline]

Despite its usual correlation with XRP moves, XLM Stellar suffered smaller losses and even started to take over part of the bloody Ripple market around the turn of the year. The price of XLM even surpassed XRP for the first time on January 6, marking an unprecedented shift in the cryptocurrency market. After this, the XRP/XLM duo continued to duel at the same level and consecutively overtake each other for several weeks.