This review explores the key features and prospects of leading cryptocurrencies in the modern industry, such as Mantra, XRP Ledger, and Monero.
Features of Mantra
MANTRA offers a security-centric blockchain infrastructure for real asset (RWA) based Layer 1 deployments, fulfilling institutional and regulatory requirements. It utilizes Cosmos SDK and Inter-Blockchain Communication (IBC) protocol with support for CosmWasm for smart contracts. The network operates using a Proof-of-Stake validator model with transaction processing speeds of up to 10,000 TPS.
XRP Ledger Network
The XRP Ledger entered the market in 2012 as an open-source blockchain known for its efficiency and open, decentralized operation. It processes transactions at 1,500 per second with a transaction fee of $0.0002 and a time frame of 3-5 seconds. Integrated DEX functionality allows users to swap and tokenize assets efficiently.
Privacy of Monero
Since 2014, Monero has provided transaction anonymity by implementing complex cryptographic protocols. These mechanisms conceal the details of senders and recipients, enhancing privacy. This ensures data protection even for non-technically proficient users.
Each of the analyzed cryptocurrencies offers unique solutions and approaches catering to various user and business needs in today's digital ecosystem.
