A recent tweet from crypto researcher SMQKE has drawn attention to remarks by former Ripple executive Marcus Treacher about the architectural strengths of the Interledger Protocol (ILP) and its connections to XRP. Treacher asserts that ILP enables XRP to scale to meet the needs of the global population.
Purpose of the Interledger Protocol
In the attached video, Marcus Treacher explains that Ripple designed its infrastructure specifically to address longstanding challenges in cross-border payment systems. He states that the company adopted an open internet model termed "Interledger," which does not depend on a single universal blockchain but rather on open blockchain interoperability, allowing different systems to communicate seamlessly.
Decentralization as the Key to Scalability
The former Ripple executive emphasizes that the decentralization of the Interledger Protocol is the key enabler of its scalability. Unlike traditional payment systems or early blockchains, the Ripple model does not rely on a centralized hub. It operates across a network of interconnected systems, allowing for dynamic and continuous throughput expansion.
XRP’s Transactional Efficiency
Treacher further explains the unique role of XRP in this broader architecture, describing XRP as a blockchain specifically created for transactional speed and efficiency. Unlike Bitcoin, which experiences reduced throughput as network demand increases, XRP maintains high performance under volume. Treacher notes that the liquidity mechanism underpinning Ripple’s cross-border payment strategy is directly supported by XRP’s blockchain.
SMQKE's tweet brings renewed attention to Ripple's long-term vision as articulated by Marcus Treacher. The combination of the Interledger Protocol’s decentralized architecture and XRP’s transaction-oriented design positions Ripple’s infrastructure as a solution for global-scale financial transactions.
