Ripple (XRP), Litecoin (LTC), and Stellar (XLM) are three of the over 1500 altcoins in cryptocurrency. The industry has come a long way since Bitcoin (BTC) burst onto the scene in 2009.
While the top coin still holds the limelight, others are attracting a lot of attention. Ripple (XRP) is ranked 3rd in the market, Litecoin is 6th, and Stellar is 7th.
Ripple and Stellar have a similar historical beginning, though they have since focused on different approaches. They both intend to transform cross-border money transfer.
However, XRP is tailored and focused on financial institutions and payment providers, while Stellar is trying to reel in individuals and the unbanked in third world countries. Litecoin, on the other hand, is closely associated with Bitcoin and targets being used as a day to day payment currency.
All three cryptocurrencies have the potential to go on and break into the mainstream. They also have very focused and ambitious team leaders in Brad Garlinghouse for Ripple, Jed McCaleb for Stellar, and Charlie Lee for Litecoin. Read more from stocksgazette.com…
thumbnail courtesy of stocksgazette.com