XRP does not have traditional gas fees like many other blockchains. This is because it utilizes a different consensus mechanism called the Ripple Protocol Consensus Algorithm (RPCA). Instead of gas fees, transactions on the XRP Ledger incur a minimal base reserve of 0.00001 XRP, which is destroyed upon transaction completion.
Unravel the mystery of XRP gas fees and discover how the XRP Ledger operates with minimal transaction costs. Learn about the unique fee structure, why it’s not called “gas,” and how XRP’s efficient system supports fast and affordable global payments.
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