Difference between XRP & XDC (2024)

QUINCY KILLS IT

XDC - ETH interoperability with built in public private ledger smart contract DAPs platform

XDC - very good privatisation of data associated with tokenised smart contracts

XDC - Debt - tokenise future interest payments and sell it on

8.00 XDC - tokenise both sides of trade deals and obligations and ownership (saleable to third party - unique to XDC)

11.00 XRP - strength are the combination between Liquidity features and Decentralised Exchange

11.00 XRP - Stock goes onto XRP ledger - multiway way transactions that include assets on and off chains

12.50 XRP - Gateways - Can trade derivatives in Fiat on bank accounts for a tiny fee. Adds massive liquidity channels across asset classes

17.40 XRP is a derivatives platform, XDC is a smart Contracts DAPS platform doing everything ETH does, but better.

18.40 - Tokenisation of Data on XDC network traded as a derivative on XRP networks - and trading the value of the XDC SC on the XRP network.

21.40 ISOT formats - its just universal format for banks to manage

22.40 Quant - token that over-ledgers the operating system.

24.00 Answering questions.

26.00 General Overview - WOW! Hard to keep up so much condensed info but well done.

28.00 He works for XDC but is very interested in interoperability between XDC and XRP networks to get full potential of both systems working together. and he talks about his work and goals in this space. He even likes ETH even though the fees suck.

31.00 Easiest way to flip the switch? Putting a billion dollars of asset on the network does nothing until those assets are traded. The XDC/XRP demand goes up in value as soon as the trading of the assets starts to happen. This principle also works for data, debt management as soon as data starts to get traded.

34.00 this is wild! (love this guy)

Its all the money and all the Debt too and all the agreements too (which is 10 times the value of the money side)

The XRP algo means no more liquidity pools - its insane

Edited by Julian_Williams

Difference between XRP & XDC (2024)

FAQs

What is the difference between XRP and XDC? ›

XDC, XRP, and Solana each offer distinct advantages and address specific challenges within the blockchain space. XDC excels in enterprise solutions and trade finance with its hybrid model and high efficiency. XRP revolutionizes cross-border payments with speed and low cost, despite facing regulatory hurdles.

What makes XDC special? ›

The XDC Network is a groundbreaking blockchain with impressive speed, scalability, low fees, and military-grade security. Using XDC Network, businesses can improve their record keeping, exchange data and transfer assets more efficiently and more securely.

What would it take for XRP to reach $1000? ›

At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.

Is it smart to hold XRP? ›

Whether XRP is a good investment depends mainly on an individual's financial situation, risk tolerance, and investment goals. As always, it's imperative to do thorough research and consider seeking advice from a financial advisor before diving into cryptocurrency of any kind.

Is it worth it to buy XDC? ›

XDC Network (XDC) has shown promising growth potential, with industry experts predicting a bullish trajectory for its price in the coming years. While XDC's historical performance and current fundamentals support a positive outlook, it is crucial to remember that investing in cryptocurrencies carries risks.

What is XDC backed by? ›

XDC Network is backed by the XDC Community, leading to the formation of the XDC Foundation, which was established in 2021 to promote the growth and adoption of XDC through collaboration with a community of developers, trade experts, and content creators.

Can XRP reach $100 dollar? ›

At $100, the market capitalization of XRP would be $5.1 trillion. If XRP rose at a 25% annual pace, it would take at least 26 years to hit $100.

Can XRP reach $20? ›

The Path to A Double-Digit Price

He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026.

Will XRP make me a millionaire? ›

Cryptonewsz.com is even more bullish: it believes XRP will rise to $9.81 by 2030, which would turn a $10,000 investment into more than $196,000. But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.

How high can XRP realistically go? ›

David Cox, writing on the CryptoNewZ platform, anticipated that XRP could reach a high of of $1.53 by 2025, with a low of $1.06 for the same year. Another Ripple price forecast by AMBCrypto estimated the XRP price could hit a high of $2.01 in 2030, with a short term prediction of a high of $0.61 in 2024.

Will XRP win a lawsuit? ›

Ripple recently scored an unequivocal victory from a dollars-and-cents standpoint in a class action securities lawsuit, with the judge tossing out most of the case.

Does XRP really have a future? ›

If the crypto market cap hits $3 trillion and XRP retains its current 1.10% dominance, its price could ascend to $0.589 by 2025. In a more bullish scenario of the crypto market surging to $10 Trillion, the price of XRP could soar to a staggering $1.96, resulting in a potential 4x return for investors by 2030.

What is the use of XDC? ›

The xdc command is used to build packages and executables that use packages. In its current implementation, xdc is nothing more than a command shell that invokes the GNU make utility with makefiles that are either part of XDCtools or generated as part of processing a package's build script (package.

Is XRP Ripple the same as XRP? ›

"XRP" and "Ripple" are often erroneously used interchangeably. Ripple (previously Ripple Labs) is a company, and XRP is the name of the native cryptocurrency for XRP Ledger, an open-source distributed ledger run by the XRPL foundation.

What ledger holds XDC? ›

Ledger Nano S Plus

The perfect crypto wallet to start securely managing your XDC Network.

Is XDC built on Ethereum? ›

A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (XDPoS) mechanism, which allows for two-second transaction time, near zero gas fees, and over 2,000 transactions per second (TPS).

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