Ripple CTO Emeritus Fires Back at XRP ‘Ghost Chain’ Claims: ‘Weird Thing to Say’

Share

Ripple CTO Emeritus David Schwartz pushed back against claims labeling the XRP Ledger a « ghost chain, » arguing that low transaction fees explain the variety of uses, both useful and otherwise. An X user had claimed that less than 1% of transactions over eight years came from real human payments, with the rest generated by bots. Schwartz posed the question: if fees were higher and fewer people performed low-value operations, would that somehow make the blockchain better? The growing use of the XRP Ledger includes a distributed real-world asset market cap of $458.37 million and over 4.8 million agentic transactions. The dispute appeared to be resolved, with the X user conceding the point on the network’s utility.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles