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XRP Is Inherently Green Currency Unlike Bitcoin And Ethereum: Ripple CTO

Tracy CHEN

Summary: In a recent blog post, Ripple CTO David Schwartz dipped into the important issue of sustainability for crypto, its degree of eco-friendliness and called XRP an ‘inherently green currency’, unlike Bitcoin and Ethereum.Schwartz compared two mechanisms: Proof-of-Work and Consensus. While the first is used by Bitcoin and Ethereum for mining coins and confirming transactions, XRP ...

In a recent blog post, Ripple CTO David Schwartz dipped into the important issue of sustainability for crypto, its degree of eco-friendliness and called XRP an ‘inherently green currency’, unlike Bitcoin and Ethereum.
Schwartz compared two mechanisms: Proof-of-Work and Consensus. While the first is used by Bitcoin and Ethereum for mining coins and confirming transactions, XRP is non-minable and uses the Consensus mechanism for validating transactions on the XRP Ledger.

Tracy Chen

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