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XRPL Commons

@xrpl_commons • 15,180 subscribers

Building the Commons with the XRP Ledger Community XRP Ledger Hackathon: https://t.co/ELiJ8GSahX

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Micropayments hit a wall: transaction fees cost more than the payment itself 🤯. You can't pay $0.001 per transaction when traditional processing fees are $0.30. The math breaks for streaming payments, gaming, micro-insurance and more. XRPL solved this in 2016 with payment channels. Nobody noticed because everyone was busy speculating. Thread 🧵

Micropayments hit a wall: transaction fees cost more than the payment itself 🤯. You can't pay $0.001 per transaction when traditional processing fees are $0.30. The math breaks for streaming payments, gaming, micro-insurance and more. XRPL solved this in 2016 with payment channels. Nobody noticed because everyone was busy speculating. Thread 🧵

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