There are heated debated about a new proposal to increase transaction fees on the XRP Ledger in proportion to transaction value
is in a heated debate over the proposal to increase transaction fees to boost the price of the controversial token.
However, the architect behind the XRP Ledger disagreed with the notion of using transaction fee destruction as an artificial mechanism to put upward pressure on XRP's price.Schwartz further explained that the advantage of the XRPL is low-cost, high-speed transaction confirmation. Still, he believes that node operators should not subsidize transactions whose value is less than their total cost.
Schwartz responded, stating that the XRP Ledger already has a better solution to this issue. If the transaction is out of the node's capability, the node can simply flag it off, preventing its execution.
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