Contrary to popular belief, there is a difference between Ripple and XRP. To quote Michael Caine, “not a lot of people know that.” Even if people are aware, however, they still struggle to fully grasp the concept. This has caused many in the community to feel a certain sense of frustration, as Ripple, the company, has said time and time again that they are not the same, but have only now started to clarify the difference between the two.
Before, many would argue that it was just assumed that the public should know the difference. However, as we have seen, the crypto sector is a learn as you go kind of industry. With that, we want to help spread the knowledge of the difference, so that we are able to leave the confusion behind as we make our way to the end of the year.
What is the Difference Between Ripple and XRP?
Now, there’s a lot of information that could go into this article. However, I want to keep it as simple as possible. Why? Because this difference has confused people for months on end; why would I make it more confusing by throwing in difficult-to-understand terminology? If you’re interested in the crypto sector, it’s best to start with the basics, then work your way up.
The difference between Ripple and XRP is really simple. Those aren’t my words, either. Cory Johnson, Chief Market Strategist for Ripple said that recently in an interview. So if it’s that simple, why are people still so confused? Well, sometimes, things just take a while longer than others to be understood.
So yes, at the end of the day, there is a difference between Ripple and XRP. Here are 4 of them.
