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Did Ripple Secretly Push a Major Upgrade for XRPL?

Ripple (XRP) By The Numbers: A Look at Important Stats

Ripple has updated its website to show an increase in the number of transactions per second (TPS) that its network can handle. The TPS has been increased from 1,500 to 3,400.

This update has sparked a debate among the community, with many questioning the validity of this improvement.

Kevin Cage, an Investment Advisor at Iron Key Capital, was the first to express concerns about the sudden surge.

The change has also received feedback from well-known community members like Krippenreiter.

“There are three Pull-Requests on GitHub that boost throughput and stabilize the ledger, however, only two are considered complete already and will be deployed with rippled v1.12 soon.” He noted. He further mentions that the figures provided are all hypothetical.

In a previous report, Ripple’s engineering team clarified that initial tests in 2015 showed only 80 TPS.

Despite this, there are still doubts about the validity of Ripple’s claim. Ripple’s CTO, David Schwartz, previously admitted that the XRPL had never handled up to 1,500 TPS live on the mainnet. This has led to speculation that the initial figure was “poorly worded” and represented the ledger’s potential rather than its proven capacity.

It’s also important to note that there’s a potential upcoming upgrade for Ripple – rippled v.1.12.0, which, if approved, will introduce two new features.

The possibility of Ripple implementing an upgrade that would more than double the current transaction speed of its network without it being approved by the validating community first seems unlikely, and these numbers are likely reflecting its potential or may just be an exaggeration.