We all know Ripple (XRP) is often praised as “darling of the banks” and praised because it is cheap to send. Yes, I can agree here but all remaining downsides are not mentioned such like high centralization, unfair initial distribution (Devs own mayor stakes of XRP), not censorship resistant because it is backed by a greedy corporation (Ripple Labs) and running fake news campaigns on social media.
In opposite, Avalanche is a truly decentralized cryptocurrency (which Ripple Labs tried to copy recently, stealing technology from Avalanche and called it “Flare” (which will fail ofcourse)). Original Avalanche (not Ripple’s cheap copy) is superior to Ripple’s coin. Avalanche can achieve all positive features of Ripple while also delivering all features, where Ripple has been weak: Avalanche has no centralization (many nodes), is not controlled by a greedy corporation, has a native community and a fair initial distribution:
Avalanche As A More Legitimate and Regulatory-Friendly Global Payments Network Than Ripple
And most important: no greedy company will cause price pressure selling coins for own gains.
Choosing AVAX over XRP is for anyone who supports decentralisation and censorship resistance.
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* This article was originally published here
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