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OpenCoin targeted large businesses and units of an asset is contrasting network consensus mechanisms and over the years, their market.
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What are Bitcoin Alternatives? - Ethereum, Ripple, Litecoin Cryptocurrency Explained - Dhruv RatheeBoth Litecoin and Ripple have some similarities, they are a perfect competition for each other. Ripple may be slightly ahead of Litecoin at the moment, but most. On the other hand, Litecoin attracts more peer-to-peer and daily transactions. Ripple has currently placed 3rd place in the overall cryptocurrency rankings. Bitcoin is primarily used as a store of value and medium of exchange, while XRP was designed for cross-border payments.
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