In a recent statement by XRP advocate Cobb, the theme of XRP's scalability was revisited, reflecting the long-held vision of Ripple co-founder Arthur Britto.
The Ambitions Behind XRP's Creation
Arthur Britto, co-founder of Ripple Labs, emphasizes that "XRP must be scalable to serve 7.5 billion people." This goal serves as a guiding principle for the XRP community, highlighting the intent to create a global liquidity solution.
Necessary Steps to Achieve Scalability
Achieving global scale requires more than just high transaction speed; it necessitates structural scalability. This includes aspects like interoperability, regulatory integration, and infrastructure expansion.
Importance of Liquidity and User Experience
For widespread utilization of XRP, significant liquidity is required. Ripple's On-Demand Liquidity (ODL) must expand to cover all major currency pairs, including those in emerging markets and underserved regions.
Achieving the scalability of XRP for 7.5 billion users demands a comprehensive approach, encompassing technological, economic, and user-centric aspects.
