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Kaspa and Ripple: Different Approaches in Blockchain for the Financial System

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by Giorgi Kostiuk

7 hours ago


Kaspa and Ripple represent two different paths in the development of blockchain technology. One focuses on decentralization and community governance, the other on building infrastructure for the modern financial system.

Kaspa: The Miner's Revolution

Kaspa emerged in 2021 with no corporate backing, initiated by miners and code. It offers a new perspective on blockchain, opting for a decentralized development path without pre-mining or ICO. The core component of Kaspa is the GHOSTDAG protocol, allowing blocks to be placed side by side, rather than in a single line, significantly altering blockchain architecture for greater efficiency.

Recently, in March 2025, the Kaspa team announced a complete transition of Testnet 10, planning a 10x speed increase on the mainnet in April or May 2025 and the introduction of smart contracts by summer.

Ripple: Financial Infrastructure Provider

Ripple Labs crafted the XRP Ledger in 2012 to equip financial institutions for the digital asset era, rather than replace them. This corporate-centric approach contrasts with Kaspa's grassroots foundation. The XRP Ledger uses a consensus protocol, eliminating the need for mining, to process over 1500 transactions per second.

Despite criticisms of its centralized nature, Ripple's approach has built a network that processes millions in value daily across financial industries.

Head-to-Head: Where They Stand in 2025

Fundamental differences between Kaspa and Ripple define much about their networks. For example, changes in Kaspa require miner consensus, whereas Ripple can adjust strategy based on executive decisions. They also differ in speed: Kaspa processes one block per second, with plans to increase to 10 BPS after an update, while XRP Ledger has long facilitated over 1500 transactions per second.

Despite these technical differences, both approaches contribute to the advancement of the blockchain ecosystem, each enhancing the market in its unique way.

The differing approaches of Kaspa and Ripple reflect the diversity within blockchain technology. Kaspa aims for scalability without losing decentralization, maintaining the original promise of distributed governance. Meanwhile, Ripple offers financial institutions infrastructure for digital assets. The expected updates in 2025 demonstrate how both projects continue to evolve, contributing valuable innovations to the blockchain ecosystem.

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