“XRP at 100”? Ripple CTO Emeritus Reveals Surprising Story Behind Iconic T-Shirt

Share

David Schwartz, Ripple CTO Emeritus and one of the original architects of the XRP Ledger, explained that the T-shirt featuring a speedometer was commissioned to commemorate the network reaching 100 transactions per second. It was ordered when XRP traded at around $0.30 but was not delivered until the token reached $1. This timing led members of the XRP community to interpret the “100” as a potential $100 price for XRP. The XRPL sustained 80 transactions per second during performance testing in February 2015 before improving to 1,500 transactions per second in July 2017, a level the article says it has maintained since.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
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.

Read More

Items