Standard crypto is a code-based resource built to be employed as a medium of exchange. New coins can be created through mining. Everyone is able to participate by using their a computer. Mining requires a lot of time and electricity, though. A high-powered computer is also needed, to mine effectively. On the other hand, XRP is a centralised coin, which cannot be mined. A finite amount of units were created by the company and this limit will not be added to.