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For example, Ethereum's ether markets itself as gas for the underlying smart contract platform. Ripple's XRP is used by banks to facilitate transfers between different geographies. An anonymous person called Satoshi Nakamoto invented it and introduced it to the world via a white paper in 2008. There are thousands of cryptocurrencies present in the market today. Please remember that the prices, yields and values of financial assets change. The system allows for cross-border transactions among any currency. Due to this rigorous process, Cardano seems to stand out among its PoS peers as well as other large cryptocurrencies. Cardano has also been dubbed the “Ethereum killer” because its blockchain is said to be capable of more. Though it has beaten Ethereum to the PoS consensus model, it still has a long way to go in terms of DeFi applications. The team behind Cardano created its blockchain through extensive experimentation and peer-reviewed research. The researchers behind the