What are the differences between XRP Classic and XRP in the world of digital currencies?

1 answers

• May 10, 2022 · 3 years ago
  As an expert in the field, I can tell you that XRP Classic and XRP have some notable differences. XRP Classic is the original version of XRP, while XRP is the newer and improved version. The main difference lies in their consensus algorithms. XRP Classic uses Proof of Work, which is resource-intensive and slow, while XRP uses the Ripple Protocol Consensus Algorithm (RPCA), which is faster and more efficient. This difference in technology makes XRP a more attractive option for businesses and financial institutions. Additionally, XRP has gained more widespread adoption and is listed on major cryptocurrency exchanges, which provides better liquidity and accessibility compared to XRP Classic.
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