ECONOMYPOPULARTECHNOLOGY

Top Bitcoin Alternative Coins (Besides Bitcoin)

David S.-November 22, 2017

2. Ripple

Ripple

image source: amazonaws.com

Ripple is different from other cryptocurrencies, in that it doesn’t use blockchain as it’s method of establishing consensus for transactions. Rather, Ripple uses an iterative consensus when it comes to transactions, which makes it much faster than Bitcoin – but open to different risks.

Ripple itself is a payment network that boasts instant, secure, and nearly free financial transactions across the globe, of any size. Insofar, Ripple has convinced several financial institutions to test it’s blockchain, and may see implementation in the future.

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