Ever since its inception, Bitcoin [BTC] was the most searched cryptocurrency in the world. However, recent Google 2018 trends show that “How to buy Ripple?” dominated “How to buy Bitcoin.”
Preeti Kasireddy, a former Coinbase employee, was the first to point it out on Twitter,
“Google’s 2018 top “How to” searches:
1) How to vote
2) How to register to vote
3) How to play Mega Millions
4) How to buy Ripple 🤔
5) How to turn off automatic updates
6) How to get the old Snapchat back
7) How to play Powerball
8) How to buy Bitcoin 🙃
9) How to screen record”
The XRP community was happy with the finding. Some in the community already believe that XRP is superior to BTC in every way and that XRP can do more than what BTC can. XRP transactions are a lot quicker than Bitcoin’s, as XRP transactions are processed in 3 to 5 seconds. Hence, XRP blockchain can handle up to 1500 TPS, while Bitcoin’s blockchain can only handle up to 7 TPS.
Additionally, Bitcoin blockchain’s underlying technology, Proof-of-Work, is vulnerable to a 51% attack. However, XRP’s consensus protocol is resistant to that. Additionally, Bitcoin needs to be mined and requires a lot of energy consumption, but XRP is pre-mined. These are just some of the reasons why many in the XRP community believe that XRP will someday topple Bitcoin and become the number one cryptocurrency in the world.
Coinbase’s new website update adds more weight to the above argument. Coinbase stated,
“You can now send money to any user with a Coinbase account around the world using XRP or USDC. By using cryptocurrencies that are optimized for cross-border transmission, you can send and receive money virtually instantly by sending those cryptocurrencies and having the recipient convert them into local currency.”
XRP and Ripple have taken the lead in the crypto revolution, especially in the remittance market. Ripple’s xRapid, a cross-border payment solution, leverages XRP to transfer funds across borders.
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Mozilla’s senior web developer testing out Coil and its monetization feature for his blog
Coil, a venture launched by the creator of Interledger Protocol [ILP], Stefan Thomas, is being tested for monetization by Mozilla’s senior developer David Walsh. Coil makes use of ILP and XRP to monetize creators and put an end to ad-based monetization by mainly helping content creators while allowing the consumers to access content online easy.
— Coil (@Coil) May 22, 2019
David Walsh is a senior software engineer at Mozilla, and this could be a step in the right direction for Coil, which is trying to improve content monetization.
Since XRP can better handle micropayments, Coil is using it to get work around the ad-based revenue model. A blog by Coil previously stated:
“One of the reasons the ad-supported model is still so dominant is because payments technology wasn’t ready yet. Each payment currently requires multiple steps just to authorize it, let alone signing up with different merchants. We’ve worked with Microsoft, Google, Mozilla, and others to create the W3C Web Payments Request API that has been rolling out to billions of iOS and Android devices but we can go so much further.”
Moreover, with XRP and ILP, Coil can process a “trillion” transactions per second without any central authority. Stefan Thomas, the inventor of ILP and creator of Coil said:
“Instead of building yet another proprietary platform, Coil will be the first company to pay out to any website using Web Monetization, a new standard for how browsers can pay websites using Interledger.”
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