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Ripple CTO Clears Up Critical AMM Misconception
In a recent statement, Ripple’s Chief Technology Officer (CTO), David Schwartz, has shed light on a crucial misconception surrounding the concept of Achieving High Throughput Processing (AMM) in blockchains.
As blockchain technology continues to evolve and advance, so do our concerns about its potential limitations. One such limitation is the notion that achieving high TPS levels could lead to higher costs for bandwidth, storage, and computing power. This increased cost burden may deter some participants from running nodes, thus reducing the overall node count.
Schwartz emphasized that this increase in costs would result in a reduction of decentralization – an essential principle of blockchain technology. It is crucial to understand the implications of such a scenario and ensure that it does not lead to a centralization of control.
The Ripple CTO’s statement serves as a stark reminder of the delicate balance between performance, scalability, and decentralization in the world of blockchains.
Source: u.today
