XRP Ledger Reaches 5 Million Daily Transactions With Fees Near Zero

The update says XRP Ledger is processing more than 140 transactions per second, with blocks carrying as many as 987 transactions while maintaining very low network fees.

XRP

Summary

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Terms & Concepts
  • XRP Ledger: A blockchain network designed for fast payments and digital asset transfers.
  • TPS: Transactions per second, a common measure of blockchain processing throughput.
  • Network fees: The cost paid to process transactions on a blockchain, often used to deter spam and prioritize activity.