Ripple Website Gets Revamped And 50,000 TPS Confirmed

Not long back, the logo of XRP has been changed. Presently, the whole Ripple website has been redone. Out of various changes, the greatest one is RippleNet including a drop down of worldwide payments, on-demand liquidity, and join the network.

Giving XRP, the digital asset for payments to the center stage, it clarifies how XRP gives banks and payment processors, quicker settlements at low cost.

The world’s third biggest digital currency is surely quick as in contrast with the customary system that takes 3 to 5 days and Bitcoin with over 60 minutes, XRP takes just 4 seconds to settle payments.

Additionally, with regards to scalability, it mentions, “XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa.” Also, it has been covered that XRP has a “Throughput capacity over 50,000 transactions/second.”

However, apart in the XRP chat room shared partially,

“50,000 tx/s has been touted before. However, that number is produced when using already established high-frequency payment channels.”