Ripple CTO David Schwartz Slams Fee Metric as 100x XRP Hike Is Floated
Key Highlights Community debate has surfaced around increasing XRP Ledger (XRPL) base transaction fees by 10-fold or 100-fold to increase the burn rate of $XRP. Unlike networks such as Bitcoin, where fees compensate miners, XRPL permanently destroys transaction fees rather than routing them to validators. Adjusting the minimum fee requires validator consensus via the ledger’s ...