Key Highlights David Schwartz highlighted that XRP remains the only native, counterparty-free asset on the XRP Ledger, driving its long-term network demand. XRP’s utility is secured by its mandatory use for account reserves and transaction fees on the ledger. Even in a future dominated by Bitcoin settlement, Schwartz argued that XRP would capture value by ...
Key Highlights: XRPL node operators applied an emergency configuration fix to resolve intermittent ledger-closing delays that began disrupting typical settlement speeds on Oct. 21. Original architect David Schwartz suggested the latency was tied to servers attempting to pack too many transactions into individual ledgers, highlighting potential throughput trade-offs. A separate governance hiccup briefly knocked trusted ...
Key Highlights: Ripple CTO David Schwartz and Cardano founder Charles Hoskinson engaged in playful banter over a photo featuring a provocative Sydney Sweeney billboard during Evernorth’s Nasdaq debut celebrations. Evernorth launched publicly under the ticker XRPN with 473 million $XRP held in its treasury and $300 million in gross cash proceeds, marking the milestone by ...
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 ...
Key Highlights Ripple CTO David Schwartz reports his XRP Ledger hub server has climbed back above 500 connected peers after a mysterious stability improvement over the past two weeks. The hub recorded 501 active peers at the latest reading, nearing a two-week high of 509, with significantly fewer peer disconnects observed since early September. Schwartz ...