Ripple CTO Emeritus Responds to XRP'Ghost Chain' Accusations: 'Strange Claims'
2026-09-10 21:12:04
According to CoinMeta, David Schwartz (David Schwartz) recently countered the criticisms regarding the XRP ledger. A user referred to the XRP ledger as a ‘ghost chain’, claiming that the majority of its transaction activities came from robots and other automated accounts, with real human payments accounting for less than 1% over the past eight years. Schwartz described this as a ‘strange claim’ and emphasized that the low fees of the XRP ledger make it attractive to different users. He questioned, ‘Would it be better if it were more expensive and fewer people did low-value transactions?’ Currently, the market value of the distributed real assets market on the XRP ledger is 458.37 million US dollars.
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Source:U.Today
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