Who Will Win the Digital Throne?

Now, more than a decade later, the scene looks like a race to be the best blockchain protocol - and rest assured, the contenders are many.

Let's find out by comparing some of the major blockchain protocols.

I'll review transaction time, scalability and purpose, which are the top three that lead to capturing the digital throne.

The platform utilizes the cryptocurrency known as XRP.Like the very popular and exotically beautiful Daenerys, who broke chains and saved thousands of slaves, Ripple doesn't have a blockchain and has liberated distributed finance from the shackles of blockchain technology - but not to the fullest scope.

The patented Ripple Protocol Consensus Algorithm replaces mining by implementing a unique distributed consensus mechanism, wherein the nodes participate in a poll to determine the validity of a transaction.

It's much faster than the previous two protocols, and can handle up to 1,500 TPS, with a transaction time of around three to five seconds.

Presently, RippleNet is one of the most scalable digital assets, surpassing 200 global customers in January 2019.Stellar - John Snow of Blockchain, ice meets fireThe Stellar protocol is an open-source digital payment network that mainly targets developing markets and can be used for transfers, money remittance and bank loan distribution to those without bank accounts.

As a result, transactions on the Stellar blockchain are even faster.

I'd like to rewrite the story for who wins the digital throne.

J.D.Salbego, CEO of Legion Ventures, is a global leader in blockchain and digital securities with a history of working with industry-leading startups, crypto funds, institutions and governments to drive blockchain innovation, STOs/ICOs, crypto capital markets, international expansion, digital asset fund strategy and go-to-market frameworks.