Ripple vs Arbitrum
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description Overview
Ripple
Ripple is a financial-technology company that develops infrastructure for transferring value across borders, while XRP is the separate digital asset associated with the XRP Ledger. The XRP Ledger is a decentralized public blockchain designed for rapid settlement and low transaction costs, and it does not use proof-of-work mining. Ripple primarily serves financial institutions and payment providers...
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Arbitrum
Arbitrum provides Ethereum scaling through rollup networks, with Arbitrum One using an optimistic rollup approach. Transactions are executed away from Ethereum's main execution environment and their data is submitted to Ethereum. By spreading the cost of that settlement across many transactions, the system is designed to reduce fees while retaining a connection to Ethereum's security.
The network...
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