Vet also noted that XRPL does not have a fixed block size like Bitcoin, but instead adjusts its transaction processing target based on network conditions.
The Nature of Operations Matters in Terms of Capacity!
According to Vet’s assessment, a significant portion of that high transaction volume consists of very small, simple $XRP transfers. Therefore, a single ledger with 3,254 transactions doesn’t directly mean that XRPL can consistently process thousands of complex transactions per second.
This is because not every transaction in XRPL consumes network resources to the same extent. There can be significant differences in transaction load between a simple $XRP transfer and decentralized exchange (DEX) transactions or NFT transactions.
This Could Be a Record-Breaking Capacity Test!
Vet said that when transaction volume increases and block processing speed remains high, the network increases the number of transactions it can process simultaneously, but reduces that number again if transaction time exceeds five seconds.
Vet also said that it’s not precisely known why the processes were concentrated in this way, but he speculated it was likely a processing capacity/efficiency test.
*This is not investment advice.
