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Ripple : Could there be alternatives to burning the fee?

Ripple update: Could there be alternatives to burning the fee?


After giving this a great deal of thought I came to the conclusion that perhaps the fees should be given to those individuals running validators nodes. Currently there is no profit in running a validator node (except to help secure your own transactions). Perhaps the accumulation of the small fee that is normally burned would help offset some of the costs incurred when running a validator node. To me it seems much less wasteful and more sustainable than simply burning the fee.




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About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: safetaco

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