Everyone likes to compare Stellar + Ripple but apart from having the same project founder, Jed McCaleb, operating in the realm of money transfer on DLT without mining, I believe these two projects have distinct differences + completely separate goals.
Some of these main differences are:
- XRP tokenomics follows a deflationary system whereas XLM employs an inflationary model
- Ripple of course leans towards a much more centralised structure whereas Stellar is more relatively decentralized
- One primary difference is the different target markets both have. Ripple is mostly directed towards banks, whereas Stellar is focused on individuals, particularly from less-developed countries
- Stellar’s team is also much smaller compared than Ripple’s organisation which is very large
I used to be heavily invested in Stellar due to its appealing company ethos and less centralized approach, it has been disheartening to witness XLM gradually descend in the CMC rankings, in contrast to XRP which has maintained a relatively stronger position.
However I was excited to see the progress updates in Blueseriph’s review that provide some optimism for Stellar's potential to regain its lost ground. Show Less
