A lot of people nowadays see IOTA and Ripple as two competitors in the crypto field. However, both of the cryptocurrencies are focused on different things. If you are wondering which one performs better, though, the answer is the following.
I think that making a comparison between these two is very difficult since they are very different and are serving different purposes., for example, is created with the main idea to make a platform for business to business models and with it to improve and make available every technological resource to be exchanged on an open market. Ripple is a totally different story.
Ripple or XRP is created mainly so it can provide solutions for easy settlement between every financial institution, but most banks, and to provide faster transactions and lower fees.is not even considered as a cryptocurrency because of the banking industry regulating it.
IOTA, on the other hand, is regulated and controlled by different governments of different countries. Another thing, they both use different mechanisms. IOTA uses the “Tangle” which showed to be very good with security issues. They both have bright futures ahead of them so it is really hard to say which one is better. If you want to read more about each separately and learn more useful information,
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]