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Was XRP Created to Fix Bitcoin's Flaws? - ZyCrypto

Retrieved on: 2025-06-30 20:01:32

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### Exploring Bitcoin and XRP's Evolution by ZyCrypto The article delves into the history and evolution of Bitcoin and XRP, focusing on their distinct purposes within the cryptocurrency landscape. It highlights the creation of XRP as a response to Bitcoin's limitations, explaining its role as a bridge currency for payments. - **Bitcoin Launch and Limitations**: Bitcoin was introduced in 2009, providing decentralized digital currency but faced challenges like slow transaction speeds and high energy consumption. - **XRP Development**: Created in 2011 by engineers, including Jed McCaleb, XRP focused on speed, scalability, and sustainability, capable of processing 1,500 transactions per second. - **Ripple's Focus**: Ripple, the company behind XRP, integrates with the financial system, providing real-time payment solutions using XRP's efficient transaction capabilities. - **Adaption and Growth**: By 2025, XRP expands beyond remittances, supporting smart contracts and tokenized assets, with increased adoption indicating growing investor confidence. This overview emphasizes the technological advancements and strategic positioning of both digital currencies in the evolving blockchain ecosystem.

Article found on: zycrypto.com

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