Ripple update: What do we know about Cobalt?
I’m really interested in the Cobalt upgrade but there’s very little information available in layman’s terms. What I do know is it will ensure no bottlenecks, increase scale and transaction speed. One thing I thought of, would they ever get rid of the tiny transaction fee? The fee is so small I’m not sure how effective it is at preventing spam and perhaps Cobalts added security would eliminate the need. Anyways, please contribute what you know about Cobalt, thanks.
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: Rainbird82
Score: 21
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