Categories: NewsRippleXRP

XRP Ledger Sees Upto 140 TPS Executed in just 0.2 Seconds

As cryptocurrencies becoming heavily adapted, it usually slows with technology becoming too old to suffice to the user growth. However in Ripple’s case its way different, as its growth in partnerships and users it is seen to be rising in speed.

According to a tweet by a user called cryptoking, Ripple.com had done 83 transactions per second (TPS). These 83 transactions were carried out in 0.5 seconds.

If you thought 83 TPS was fast, a reply to the tweet by user Николай indicated that 104 TPS were being carried out per second by Ripple. The remarkable part was these transactions were carried out in 0.2 seconds.

David Schwartz, the CTO of Ripple clarified the reason last year in a reply to a tweet by a user who thought it was due to Cobalt.

Ripple Cobalt is an array of technical advancements that will make Ripple faster and more reliable.  

Blockmanity’s take

Ripple’s technology is usually on the scale of 10-15 transactions per second, with a TPS limit of 1500 and a potential scaling of 10,000 TPS.

Hence it is seen Ripple is dominating in the sense of transactions speed, which is an essential characteristic of adoption Cryptocurrencies. Recently Blockmanity reported about one of Ripple’s Clients MercuryFX who showed how they were successfully using XRP for cross border payments at shockingly low fees.

Ripple’s XRP at the time of writing is ranked second amongst Cryptocurrencies, with a market capitalization of $12,946,505,079  and in the green valued at $0.315458.

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Amrit Mirchandani

Blockchain Lover | Hustler | Cryptocurrency Enthusiast

Share
Published by
Amrit Mirchandani

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 month ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago