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stefanosd

XRP reduced fees as price increases

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Let me rephrase. I read on numerous occasions that the actual transaction fees in USD should be lower as the USD price of XRP goes up. Is this true? Can someone explain why?

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Can you link to some of these "numerous occasions"? In general, transaction fees are paid in XRP and unless validators vote to reduce them, they stay roughly the same if the network load stays the same - so if 1 XRP is worth more USD, fees would also cost more when measured in USD (but stay stable when measured in XRP).

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It's pointless to go through Reddit looking for the conversations and people who stated this. I found it peculiar myself, so what you are saying makes more sense.

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1 minute ago, stefanosd said:

It's pointless to go through Reddit looking for the conversations and people who stated this. I found it peculiar myself, so what you are saying makes more sense.

Reddit sucks..XRPChat is the place to be! :good:

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