Ripple update: What if Amazon / eBay / other huge players happen? Question on scale.
With XRP’s current Ledger and technology, I’ve read it can process 1500 transaction a second. If other payment processing platforms start using the ledger for cross border payments, I would imagine that the addition of all of these banks and non-banks would make the ledger hit the 1500 transaction a second mark.
How is Ripple going to address that? Are they regularly updating the ledger and tech to take on the additional work-load?
I’m sorry if I’m not understanding something simple. I read through about 3 or 4 threads related to scale and couldn’t find the answer to this question.
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: cecil4thewin
Score: 21
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