
Title: Ripple CTO Reveals XRP Ledger TPS True Potential
In a recent statement, David Schwartz, Ripple’s Chief Technology Officer (CTO), shed light on the limitations of increasing the transactions per second (TPS) in the Ripple ledger. While some have been advocating for higher TPS levels to match the speed and scalability required by modern blockchain applications, Schwartz emphasized that this might not be as straightforward as it seems.
As we continue to push the boundaries of blockchain technology to new heights, increased TPS may lead to higher costs for bandwidth, storage, and computing power. This increase in costs could discourage some participants from running nodes, potentially reducing the overall node count. A lower node count would then diminish the decentralization that is fundamental to blockchain’s core principles.
This revelation highlights the need for a more nuanced understanding of TPS limitations and potential drawbacks when it comes to high-speed transactions.
Source: u.today