Ripple (XRP) plays a dual roles as a payment platform and a currency at the same time, is this currency better fit for payment solution than ethereum and Bitcoin since it's created to allow quick and cheap transactions out of the box
At this time of writing this post ripple is trading at 0.34$ with daily volume of 4billion dollars, in the last 24hrs XRP is up 14%, what's your take on this?
In my opinion, Ripple and Bitcoin Cash are more suitable as a means of payment. Ripple features a much faster transaction time than Bitcoin and Ethereum. For one international transaction, ripple only takes a few seconds to complete. and BCH only applies a transaction fee of US $ 0.067 per transaction. Cheap transaction fees are obtained from enlarging the block size used by bitcoin cash, which is up to 8MH, much bigger than the block owned by bitcoin which is still 1MB. With bigger blocks, bitcoin cash can also cut transaction times much faster.