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As an advantage, Ethereum stands out for having real decentralization, however, we could mention as a disadvantage that it has high transaction fees and its processing is quite slow. Stellar Stellar is an open source and decentralized platform that was created to facilitate cross-border transactions , making them safer, faster and at a lower cost. Stellar seeks to connect people, banks and payment systems. We can perceive many similarities between Stellar and Ripple since Jed McCaleb, co-founder of Ripple and founder of Stellar, was inspired by Ripple to create it.


However, there is a key difference between both platforms. On ID Number List the one hand, Ripple is designed for bank-to-bank transactions and Stellar is designed for developing countries and the average user. Now that we briefly know what Stellar blockchain is, let's do a quick summary of the most relevant features . Keep reading! MASTER IN BLOCKCHAIN AND FINTECH Learn the basics of these new payment and financing methods, to apply them within any business I want to find out! Stellar's database is decentralized and open source, the main characteristics of a true blockchain platform.





The transaction confirmation time is to seconds, facilitated by its consensus mechanism.of transactions per second. Allows multiple signatures and smart contracts. It has a fixed annual inflation of . Ripple Through blockchain technology, Ripple enables global financial institutions, businesses, governments, and developers to move, manage, and tokenize value, helping to unlock greater economic opportunities for all. Using proven cryptography and blockchain technology that has been perfected for a decade, Ripple's enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services.