coinpedia
2023-04-27 12:13:38

XRP Ledger Burns 11 Million Tokens To Combat Spam Transactions

The post XRP Ledger Burns 11 Million Tokens To Combat Spam Transactions appeared first on Coinpedia Fintech News The XRP Ledger (XRPL) has witnessed more than 11 million XRP tokens burned since its inception. While the burning of tokens has received little attention compared to other assets, opinions remain divided on whether the existing burn mechanism can significantly enhance XRP’s value in the future. Combating Spam Transactions Data from XRPSCAN, an XRP Ledger …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.