Stellar is often compared with Ripple and for a good reason because firstly, Stellar is forked from the Ripple project and secondly, both serve the same function of a cross-border payment network. However,both Stellar and Ripple are targeting different elements in a payment network. Ripple is specifically connecting banks and payment processors while Stellar is trying to increase financial inclusion by including unbanked.
Another difference between Stellar and Ripple is the business model of both platforms. Stellar Development Foundation is a non-profit organisation. This is not the case with Ripple, which is a for-profit organisation and also Ripple is considered more centralized because it need to integrate with several centralized financial institution.
The Stellar Consensus Protocol (SCP) is a unique consensus mechanism that differentiate Stellar Lumens from all other cryptocurrencies, e.g. Bitcoin and Ethereum use proof-of-work (PoW), Ripple uses its own consensus RPCA, which is a proof-of-correctness based consensus.
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