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An X user proposed raising XRPL fees by 10x or 100x to burn more XRP, prompting criticism from Ripple CTO emeritus David Schwartz, who questioned fee revenue as a blockchain performance metric.
The exchange highlights a debate over whether higher fees and a larger burn should be treated as signs of network value. A proposed fee increase is not an adopted XRPL change.
Frequently asked questions
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What fee increase was proposed for XRPL?
An X user proposed increasing XRPL fees by 10x or 100x to burn more XRP.
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Who criticized fee revenue as a performance metric?
Ripple CTO emeritus David Schwartz criticized using fee revenue as a measure of blockchain performance.
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Was the XRPL fee increase announced as a network change?
No. The increase was floated as a proposal, not announced as an adopted XRPL change.
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Why did the proposal connect higher fees with XRP burns?
The proposal argued that raising XRPL fees could burn more XRP.
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What is the central issue in the XRPL fee debate?
The debate concerns whether fee revenue and token burns are useful measures of network value, or whether higher fees mainly add costs for users.
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