A Quick Comparison of BCH and XRP
Cryptocurrencies are many I am a bit surprised to find the total number of cryptocurrencies today. The total number of cryptocurrencies is no less than 6k. Going through the entire list would be a daunting task. Most cryptocurrencies are somewhat similar in functionalities. The easiest comparison is the cryptocurrency price graph. It is available for almost all recognized cryptocurrencies using a simple Internet search. Let us view a quick comparison between BCH and XRP First, let us see the two cryptocurrencies, namely Bitcoin Cash, aka BCH and XRP, in terms of prices, market caps, and available supplies. https://ripple.com/xrp/ Then, we can view the graphical variation during the days and months. **The 1-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp **The 7-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp/interval/7d **The 30-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp/interval/1m **The 90-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp/interval/3m **The 180-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp/interval/6m **The 365-day comparison of BCH and XRP**
`Screenshots` *Source* https://walletinvestor.com/compare/bitcoin-cash-vs-xrp/interval/1y The overall variation of BCH and XRP is close. The screenshots from this site clearly depict that the overall variation of BCH and XRP is close to each other. => The base prices of BCH and XRP are, of course. very much different. => Both cryptocurrencies may be used for faster payments with minimal fees. Bringing it altogether I forgot that I used to blog on a Coil-dot-Com platform, where XRP was the tipping cryptocurrency. Consumers could tip the Coil creators in XRP via their Twitter handle. Both BCH and XRP are champions in terms of SCALING: BCH and XRP consume minimal time to process a transaction, i.e., both cryptocurrencies execute transactions faster. The fees per transaction for BCH and XRP are significantly less, i.e., ~~a few cents~~, a cent, or less. One may choose any of the cryptocurrencies depending on the requirements. Postscript This article is a very brief "quick comparison" and doesn't compare the use cases and details about many other aspects. The main difference between BCH and XRP lies in the fact that BCH is a fully decentralized cryptocurrency. In contrast, XRP is a quasi-centralized cryptocurrency controlled by a company named Ripple Labs. There are different websites to see quick comparisons between cryptocurrencies. I used the comparison data and graphs available from walletinvestor-dot-com. https://walletinvestor.com/compare/bitcoin-cash-vs-xrp You may utilize any other cryptocurrency data analytics provider sites. These sites reproduce cryptocurrency analytics from past data available publicly. The cryptocurrency future predictors are making wild guesses by looking at the data available from these sites. Nobody knows what is happening in the background and what will happen in the near and far future! Therefore, a cryptocurrency investor and adopter MUST review the past data comparison, and decide judiciously about which cryptocurrencies they should adopt and use. About me (Unity, aka, Debesh Choudhury) I am Unity here, UnityOne at NoiseApp, and Debesh Choudhury elsewhere. https://read.cash/@Unity https://noise.app/UnityOne https://www.linkedin.com/in/debeshchoudhury/ My fields of interest include but are not limited to Science, Technology, Engineering, Arts, and Mathematics (STEAM). I create password security and cybersecurity solutions relevant to cryptocurrencies, blockchain, and blockless distributed ledgers. ***I wish that the entire blogging community will strive here and elsewhere.*** **Check my writing communities:** https://read.cash/@Unity/engage-with-the-work-you-love-f5f79ab3#check-my-writing-communities "Life and Technology" for writing the overlapping ideas of life and technology. https://read.cash/c/life-and-technology-0ea8 "Linux and Open Source Software" for helpful articles on GNU/Linux, free and open-source software. https://read.cash/c/linux-and-open-source-software-5ac1 "Just Tip and Upvote" for friendly and authentic discussions on tipping and upvoting. https://read.cash/c/just-tip-and-upvote-ed69 "Movie, Music, and Literature" for entertaining articles on film, music, and literary topics. https://read.cash/c/movie-music-and-literature-aa55 "Dreams of Life" for wishful dreams of life, and plan a realization plan for your dreams of life. https://read.cash/c/dreams-of-life-8d8f "Personal Branding" for commentaries on branding. https://read.cash/c/personal-branding-10aa "Ask Questions" for raising questions on anything connected to life. https://read.cash/c/ask-questions-ee88 If you have some time, please explore my video channels. **Twitch**: Debesh Choudhury. **Odysee**: Learning Times, Debesh Choudhury, Music, Film, etc. **YouTube**: Learning Times, Debesh Choudhury. https://www.twitch.tv/debeshchoudhury https://odysee.com/$/invite/@LearningTimes:c https://odysee.com/$/invite/@debesh.choudhury:d https://odysee.com/$/invite/@DebExtraCurricula:b https://www.youtube.com/@learningtimes https://www.youtube.com/@debesh.choudhury Create a new chapter on LinkedIn and these content-sharing platforms! https://read.cash/@Unity/setup-a-new-chapter-on-linkedin-caa49f15 Spread reciprocity online and offline. https://read.cash/@Unity/add-a-little-bit-of-reciprocity-to-life-ed246a15 ***Cheers!*** ***Unity (********Debesh Choudhury**********)***** https://twitter.com/debeshchoudhury/ *Text Copyright © 2023 Debesh Choudhury — All Rights Reserved* ***Join me at*** ***Twitch******,*** ***CashRain******,*** *****Odysee********,*** *****LinkedIn********,*** *****Twitter********,*** *****NoiseApp********,*** ***ReadCash******,*** ***Publish0x******, and*** *****Facebook**********.***** https://www.twitch.tv/debeshchoudhury https://cashrain.com/LearningTimes https://odysee.com/$/invite/@debesh.choudhury:d https://www.linkedin.com/in/debeshchoudhury/ https://twitter.com/debeshchoudhury https://noise.app/UnityOne https://read.cash/@Unity https://www.publish0x.com/@Debesh-Choudhury https://www.facebook.com/debesh.choudhury/ *Earn passive income by sharing unused Internet bandwidth on* *Honeygain* *and* *Peer2Profit**.* https://r.honeygain.me/ANIKI3BDC5 https://p2pr.me/163639948161897979ca01a ***Lead Image:*** *I created a GIF using my texts and logos of* *BCH* *and* *XRP**.* https://bitcoincash.org/graphics/ https://ripple.com/xrp/ *All other images are either drawn/created/screenshots by myself or credited to the respective artists/sources.* ***Disclaimer****: All texts are mine and original. Any similarity and resemblance to any other content are purely accidental. The article is not advice for life, career, business, or investment. Do your research before adopting any options.* ***Unite and Empower Humanity.*** #cryptocurrencies #fiat #BCH #XRP #fintech `Jan 07, 2023`
5 comments
What is this Coil Platform you have mentioned? Is it similar to readcash?
https://coil.com/ existed much before ReadCash started its journey. It was not similar, but there was a finite bonus to the creators per engagement. They changed the platform now.
Thanks for sharing. I might try this platform.
There is a very big difference between XRP and BCH. XRP is centralised and issued by a company and BCH is decentralised. I would have been interested in a comparison where I can use XRP and BCH. >The fees per transaction for BCH and XRP are significantly less, i.e., a few cents. The transaction fees for BCH are not a few cents. They are much less than a cent. They are almost 0. Here you can see a example transaction, it cost 0.00000374 BCH, which is about 0.0374 cents. https://blockchair.com/bitcoin-cash/transaction/0469555229fc113603f0dc017a9786a00933e6b9d75d0ed96c5bba16cc3e509c If the transaction fees on BCH were a few cents, read.cash users would have to pay several cents in fees for a cent tip, which would be pointless.
Thanks a lot for the blockchair link. I have strike-through the words "a few cents" in the sentence about transaction fees. In the postscript, I also included a sentence that BCH is a fully decentralized cryptocurrency.