XRPL Labs Founder Aims to Slash XRP Account Reserve Fee by 90% to Boost Accessibility

XRPL Labs Founder Aims to Slash XRP Account Reserve Fee by 90% to Boost Accessibility

Wind argues that the current reserve requirement creates a barrier for new users and projects on XRPL, suggesting that businesses could sponsor the 1 XRP reserve as an onboarding cost. Alongside the reserve reduction, Wind supports increasing transaction fees from 10 to 200 drops to deter spam transactions and proposes lowering the object reserve for [...]

Crypto News Flash