In an interview, developer Matt Hamilton discussed why XRP may be superior to Bitcoin in the future. He highlighted XRP's scalability, energy efficiency, and practical application in financial transactions as its competitive edge. Hamilton acknowledged Bitcoin's importance but pointed out its limitations, such as slow transaction speed and energy-intensive mining. XRP was designed to solve these issues and promote quicker, cheaper transactions. It can handle a larger volume of transactions at a lower cost, completes transactions in seconds, and is more energy efficient. XRP also has a fixed supply, which may prevent inflation and make it a better store of value over time. Additionally, Hamilton emphasized XRP's use case as a platform for decentralized trading and tokenization of real-world assets.
- Content Editor ( thecryptobasic.com )
- 2024-10-24
Pundit Notes Why XRP Could Outshine Bitcoin in the Future