Difference Between Cardano and XRP (With Table)

With the coming of Bitcoin in the year 2009, cryptocurrency has become popular around the globe. So much so that various types of cryptocurrencies are circulating in the markets of different countries. States/Countries have to make new rules concerning the sale, purchase and regulation of Crypto. A cryptocurrency is a form of e-cash where your assets which are in digital forms, are being stored in a ledger(account) using strong cryptography to secure ownership of money or coins. Cardano and XRP are two platforms where the trading of cryptocurrency takes place.

Cardano vs XRP

The difference between Cardano and XRP is that Cardano is a public blockchain platform. While XRP is a type of cryptocurrency which is owned by Ripple, which in turn is an RTGS (Real Time Gross Settlement) system through which transfer of money and funds take place. Cardano also has a cryptocurrency by the name Ada. Ripple(XRP) was created by Ripple Labs in America in 2012. 

Cardano as a platform was developed in 2015, but it was launched in the year 2017 by Charles Hoskinson, who is also the co-founder of Ethereum. Ethereum after Bitcoin is the second-largest cryptocurrency according to market capitalization. It is a public blockchain platform and open source. It can facilitate peer-to-peer transactions. Cardano is run by Cardano Foundation, which is situated in Zug, Switzerland.

XRP is a cryptocurrency of Ripple. Ripple is developed by Ripple Labs Inc. in the United States of America. Ripple was released in the year 2012 by Arthur Britto and David Schwartz. In 2013, the company created its currency with the name XRP. Banks and other Payments platforms began to take an interest in XRP because it transfers money with no fees and minimal wait time.

Comparison Differences Between Cardano and XRP

Parameters of ComparisonCardanoXRP
DeveloperCardano Foundation, IOHK, EMURGO are its developers.Ripple Labs Inc. is the developer of XRP.
Operating SystemIt runs on Cross-Platform.  It runs on Linux, Windows, macOS.
TypeDistributed Computing is the type of Cardano.The real-time gross settlement, currency exchange, remittance etc. are the works done by XRP(Ripple)
Programming LanguageIt is written in the Haskell language.It is written in the C++ language.
HeadquartersIt is situated in Zug, Switzerland.It is situated in San Francisco, USA.

What is Cardano?

Cardano was founded by Charles Hoskinson, who also founded Ethereum. But after the dispute with another founder, he left the company. He wanted to create an entity that would gain profit and venture capital. So he founded IOHK, a blockchain company that led to the formation of Cardano with Cardano Foundation and Emurgo. The blockchain platform is named after an Italian polymath Gerolamo Cardano

Cardano has its cryptocurrency named Ada, which was named after Ada Lovelace, who was a brilliant mathematician and a writer. Cardano uses design principles like interoperability, scalability, and regulatory compliance instead of using white paper. It uses a PoS(proof of stake) protocol called Ouroboros. Cardano is very different from other cryptocurrencies like Bitcoin and Ethereum, which use PoW(proof of work) protocols.

Because of PoS, Cardano uses very little energy annually, about 6GW compared to others which is 0.01%. It is one of the biggest PoS cryptocurrencies in recent times. Cardano has different layers, like Ada is on the settlement layer. The computation layer is the second layer. The smart Contract language of Cardano makes it much easier for developers to run end-to-end tests on their programs. It had its initial release on 27 Sep 2017. It was written in Haskell.

What is XRP?

XRP is the digital currency that is created by the company Ripple. Ripple was written by Arthur Britto and David Schwart, and then it was shown to Ryan Fugger. Ripple was earlier named as OpenCoin. In the year 2012 company Ripple Labs Inc. was launched in San Francisco, United States. In 2013, XRP was created as it transferred money to financial institutions with very little wait time.

As a result, XRP became very famous, and it arouses the interests of banks and payment companies. Almost 100 banks signed up with Ripple in the year 2018. But they were avoiding XRP because of volatility problems. XRP is a digital asset of Ripple. Its native is XRP Ledger. XRP can settle transactions in almost 3-5 seconds. XRP doesn’t need any middlemen or intermediaries, which makes it quick and efficient.

XRP uses innovative technology in the payment world, which makes it faster, scalable and less costly. XRP is a very stable technology and has a decentralized network of 150+ validators word wide. Ripple is an open-source platform and supports currency, commodities, cryptocurrency, or other units of value. It’s free globally and doesn’t take any charges. It was written in C++ language. It runs on various operating systems like Ubuntu, Windows, macOS etc. 

Main Differences Between Cardano and XRP

  1. Cardano Foundation, IOHK, EMURGO are the developers of Cardano, but it was founded by Charles Hoskinson. Ripple Labs Inc. is the developer of XRP. 
  2. Cross-Platform is the operating system of Cardano. Linux, Windows, macOS are the operating system of XRP.
  3. Distributed Computing is the specialty of Cardano. The real-time gross settlement, currency exchange, remittance etc., are the specialty of XRP.
  4. Cardano is written in Haskell language. XRP is written in the C++ language.
  5. Cardano is situated in Zug, Switzerland. XRP is situated in San Francisco, USA.


Both Cardano and XRP are different platforms. One is famous for blockchain and the other for payments. Cardano works on proof of stake protocols which make it one of the largest and fastest companies in the world concerning cryptocurrency. While XRP is a cryptocurrency developed by Ripple. The transaction time of XRP is very less in comparison to other cryptocurrencies company. It is one of the fastest and less costly. Cardano currently has 2,486 active hosts. XRP has over 150 banks connected with it. Cardano has an Apache License, whereas XRP (Ripple) has an ISC license.


  1. https://wiki.smu.edu.sg/1920t2isss608/img_auth.php/2/20/Report_G7_Cryptocurrency.pdf
  2. https://www.indianjournals.com/ijor.aspx?target=ijor:ijmie&volume=9&issue=6&article=023
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