First of all we have to know the difference between company and currency!

-So there are four(4) things involved

(to simplify)

-Two(currency's)

-Two(company's)

-Two Currency`s are XLM and XRP!

-Two Company`s are Stellar and Ripple

****************************************

(In this Article I will many times say Stellar or Ripple and i will refer to currency XLM or XRP)

****************************************

Follow me on Twitter @CryptoSpace123

Follow me on Cinnamon.Videos @CryptoSpace

Follow me on Mg.Social @CryptoSpace

Follow me on Coil :)

Stellar(Stellar Lumens) represent XLM

Ripple represent XRP

**First of all it is very difficult for me to write about this, as I find my self between two power`s**

**I have to be honest and admit I got** **emotionally** **attached** **to both** **XLM** **and** **XRP**

Not Selling before 2030!

So many theory's are circulating both currency`s (Company's) I don`t even know where to start from.....

...but here it goes!

Ryan Fugger, Arthur Britto, David Schwartz, and Jed McCaleb

**-Ryan Fugger** conceived Ripple in 2004 after working on a local exchange trading system in Vancouver.

The intent was to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money.

Fugger later built the first iteration of this system, RipplePay.com.

Concurrently, in May 2011, Jed McCaleb began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by Bitcoin.

In August 2012, Jed McCaleb hired Chris Larsen and they approached Ryan Fugger with their digital currency idea. After discussions with McCaleb and long-standing members of the Ripple community, Fugger handed over the reins. In September 2012, Chris Larsen and Jed McCaleb co-founded the corporation **OpenCoin.**

**-Arthur Britto**, one of the co-founders or Ripple, has been always hidden from the general public. There are no known pictures about him and he left the company without a clear explanation. In a recent report, The Block was able to confirm his identity and that he still works for Ripple Labs as an advisor.

-**David Schwartz** is Chief Technology Officer at Ripple. David is one of the original architects of the XRP Ledger.

OpenCoin began development of the ripple protocol (RTXP) and the Ripple payment and exchange network.

On April 11, 2013, OpenCoin announced it had closed an angel round of funding with several venture capital firms. That same month, OpenCoin acquired SimpleHoney to help it popularize virtual currencies and make them easier for average users.

On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc

-**Jed McCaleb** is an American banker, programmer and entrepreneur.

He is a *co-founder* and the *CTO* of *Stellar*.

*Prior to co-founding Stellar*, McCaleb founded and served as the CTO of the company Ripple until 2013

XLM – Currency

Stellar was made to support digital representations of any currency.

The Stellar network is a blockchain-based distributed ledger network that connects banks, payments systems and people to facilitate low-cost, cross-asset transfers of value, including payments.

Also has its own built-in token, called the lumen, created to fill a special role in the network.

By design, Stellar requires that each account hold a small number of lumens at all times.

Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.

The Stellar protocol is supported by a 501©3 nonprofit, the Stellar Development Foundation.

Servers run a software implementation of the protocol, and use the Internet to connect to and communicate with other Stellar servers. Each server stores a ledger of all the accounts in the network.

Three (3) nodes are operated by the Stellar Development Foundation, in conjunction with **21** other organizations, providing for a total of **66** validator nodes.

Transactions among accounts occur not through mining but rather through a consensus process among accounts in quorum slice. The current network fee is 100 stroops, equivalent to 0.00001 XLM or 1/10,000th of a cent.

Unlike the tokens of other blockchains, lumens aren’t mined or awarded by the protocol over time. Instead, 100 billion lumens were created when the Stellar network went live, and for the first 5 or so years of Stellar’s existence, the supply of lumens also increased by 1% annually, by design.

That inflation mechanism was ended by community vote in October 2019. And in November 2019, the overall lumen supply was reduced. Now there are about 50 billion lumens, total, in existence, and no more lumens will be created.

Nearly 20 billion lumens are out in the open market, and the Stellar Development Foundation retains the other 30 billion or so to develop and promote Stellar, per its mandate. Those lumens will enter the public markets over the next few years. Anyone who wants a complete accounting for all lumens in existence should visit our Lumen Accounting guide for detailed explanations of major lumen metrics, as well as instructions on how to calculate supply details from the ground-up using Stellar’s APIs.

You need lumens to use Stellar. Luckily, they’re for sale on many exchanges and available for trade directly on the Stellar network as well.

Note that digital currencies can be volatile and buying them can be risky. While lumens will always have utility in the Stellar network, the price of lumens denominated in fiat currency may change, and you could lose significant value.

XRP – Currency

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.

The ledger employs the decentralized native cryptocurrency known as XRP,which as of April 2020 was the third-largest coin by market capitalization.

RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital.

Ripple relies on a common shared ledger, which is a distributed database storing information about all Ripple accounts.

The network is “managed by a network of independent validating servers that constantly compare their transaction records.” Servers could belong to anyone, including banks or market makers.

Ripple validates accounts and balances instantly for payment transmission and delivers payment notification within a few seconds.

Payments are irreversible, and there are no chargebacks.

Fight between two titan currency`s are real !!!

XRP was created before XLM but, due to dispute of future plans for XRPL (XRP Ledger) Jed McCaleb decided he wants to make changes to XRP due to seeing flaws in it`s system!

Ripple board was satisfied with performance of XRP and decided that XRPL does not need changes!

Jed McCaleb could not watch system that can be improved but won`t be since it works properly for what is made for!

Jed decided to create even better currency then he was involved already! (Called XLM)

There is 100Billion XRP created.

55 Billion is gifted to Company Ripple!

Ripple lab`s (Company) made an agreement where they will release One Billion XRP every month for next 55Months, (approximately until end of 2025)

Stellar is working on banking the unbanked!

Rippled is working on cross-boarder payments!

Continue reading with a Coil membership.