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RE: 1,000 times faster than Bitcoin and 1,000 times cheaper
One of the reasons we rated Ripple a low-risk coin is that by aiming to support important players in the financial industry rather than overthrow the whole system (like other cryptocurrencies aspire to do), Ripple has secured partnerships with financial institutions all over the world.
On the other hand, although Ripple is faster than bitcoin currently bitcoin is working on solutions like the lightning network and still has a large majority of the market share.