Ripple vs. IOTA
Compare key details of Ripple and IOTA side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
Ripple | IOTA | |
---|---|---|
Available on Coinbase (2024)? | No | No |
Creator(s) | Ripple Labs, founded by Chris Larsen and Jed McCaleb | David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Serguei Popov |
Start year | 2012 | 2015 |
Decentralized score (out of 5) | 2/5: Centralized with Community Input | 3/5: Shared Control |
Influences or central authority | community input; Ripple Labs | Coordinators |
Can be mined? | No | No |
New issuance method | None | None |
Maximum supply (in millions) | 100,000 | 2780 |
Percentage already issued (2024) | 53% | 100% |
Key functions (other than transactions) | cross-border payments, smart contracts | IoT applications, data transfer, smart contracts |
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