
Ripple’s Chief Technology Officer (CTO), David Schwartz, has clarified a critical misconception regarding the potential throughput of the XRP ledger, highlighting the importance of considering the broader implications of increasing transaction per second (TPS) levels.
In an interview, CTO Schwartz emphasized that higher TPS might lead to increased costs for bandwidth, storage, and computing power across all participants. This spike in costs could result in fewer individuals finding it financially worthwhile to run a node, thereby diminishing the overall node count.
A lower node count would inherently diminish decentralization – a fundamental principle of blockchain technology – as users are forced to rely on others’ nodes more heavily.
Source: u.today