The XRP Ledger (XRPL) is on track to enhance its transparency by introducing a new feature announced by its dominant explorer service, XRPScan.
New XRP Ledger (XRPL) Transaction Fee Advances
According to a post from XRPScan, explorer users can now view the base transaction fee onchain. This feature inclusion becomes necessary following the comment from Dr. J. Scott Branson, an Advisor to the XRPLF.
BaseFee votes can now be tracked on: https://t.co/9zolhCu6gh https://t.co/4g38FZcCV5 pic.twitter.com/BiYetAx52f
— XRPScan (@xrpscan) January 1, 2024
Branson highlighted the base transaction fee of the XRP Ledger is very low based on the amount of overhead required to process the transactions. Branson’s take on the low cost of charges on the XRP Ledger also encompasses the cost requirements to store XRP transactions on the chain.
He claimed that the transaction volume on the XRP ledger is proof that many are taking advantage of the lower cost of transactions on the network, compared to
We współpracy z: https://coingape.com/xrp-ledger-xrpl-deepens-transparency-with-this-feature/