Browsing: Ledger

As $XRP Ledger activity picks up speed, its built-in burn mechanism is receiving more attention. While the amount of $XRP destroyed by transaction fees is still higher than its recent average, recent network data reveals significant increases across transactions and payments.

On-chain data starts with what a network records. A Bitcoin block contains confirmed transactions and the outputs they create. Whether an output remains unspent is a property of the current ledger state, not of the block. Ethereum blocks contain transactions that update account balances and contract state. A block explorer exposes parts of that record…