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Ripple CTO Emeritus David Schwartz Defends XRP Ledger's Low Fees
Ripple CTO Emeritus David Schwartz defended XRP Ledger's near-zero fees, arguing that fee revenue is a "terrible metric" for evaluating Layer-1 blockchains as it overlooks user interests. He pushed back against the view that investors increasingly value L1s by fee revenue, noting that XRPL's fees are burned, leading to permanent supply reduction for XRP holders.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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