The XRP Ledger handles 1500 TPS but how can it scale to handle all the transactions for institutional use?
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00:00The XRPL has never been down, not in its entire existence, okay?
00:04So there's a difference there.
00:05I just want to make that delineation between paused and down.
00:09Sometimes if there are, there could be a lot of reasons, you know, just congestion on the
00:13network could be overwhelmed, or there could be, you know, too many transactions trying
00:16to be put through the TPS.
00:18It can scale up to 1,500 transactions per second.
00:21That is what can go across the main net on the XRPL.
00:23There are other blockchains that scale to higher, you know, throughput for TPS.
00:30The way that the XRPL scales to infinite transactions is through payment channels and an implicit
00:36or explicit subnet that Ripple or another party will launch.
00:40Many people talked about Cobalt.
00:42Apparently that's dead, according to Matt Hamilton, when my discussion with him, but he mentioned,
00:47you know, I said, well, if that's the case, you know, and that is no longer being worked
00:50on how would you scale the XRPL to, you know, hundreds of thousands of transactions or TPS
00:56transactions per second.
00:58And he said, you know, you would need an implicit or explicit subnet on the XRPL to be able
01:02to scale it to that level.
01:04So I'm confident that that's been built.
01:07Ripples probably has that in their back pocket, potentially has been trialing it with the
01:10private ledgers and the private instances of XRPL that they use with institutions.