XRP Ledger Congestion Could Burn 1 Billion Coins A Year, Developer Claims
Software Engineer and founder of various AI start ups Vincent Van Code (@vincent_vancode) argues on X that most XRP burn projections are understated because they assume today’s low transaction fees persist even under heavy network usage. In his framing, sustained congestion on the XRP Ledger (XRPL) could push fees higher via the protocol’s load-scaling mechanics, potentially destroying on the order of one billion XRP annually.Headline: Everyone is calculating the $XRPThe “base fee” (0.00001 XRP) only exists when the network is quiet. But what happens if the world actually starts using the XRPL at its 3,400 TPS limit? Featured image created with DALL.E, chart from TradingView.com
The Congestion Math:
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