Ripple CTO Suggests Potential High-Quality Hub Addition to XRP Ledger Network
Main Idea
Ripple CTO David Schwartz proposes deploying a high-quality server hub to enhance the XRP Ledger's network reliability and performance, supported by recent growth in transaction volume and stablecoin adoption.
Key Points
1. Ripple CTO David Schwartz's proposal includes a high-performance server hub with reserved slots for UNL validators and XRPL applications to improve network stability.
2. The proposed server will feature an AMD 9950X CPU, 256GB RAM, high-speed NVMe SSDs, and a 10GB unmetered network link, running Ubuntu LTE in a New York data center.
3. XRP Ledger processed 70 million transactions last month, totaling 3.83 billion, with daily averages of 1.8 million, ranking among the highest throughput blockchains.
4. Stablecoin adoption on XRP Ledger is growing, with daily RLUSD transactions surging from around 5,000 to over 12,000 within a month.
5. Despite rapid growth, XRP Ledger faces challenges due to reliance on a limited number of hubs, which Schwartz's proposal aims to address by collecting data to better understand network risks.
Description
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