Cryptoknowmics
2022-07-06 08:18:55

RippleX Confirms Testing for NFT Support on XRP Ledger

RippleX, the development arm of the distributed ledger company, has confirmed that its team of developers is now confident in the XRP Ledger’s ability to support the XLS-20 standard for non-fungible tokens (NFTs). Ripple Could Soon Support NFTs on XRP Ledger In a tweet update posted today, Ripple stated that the company conducted rigorous performance testing and is confident in the XRPL’s ability to support XLS-20, a proposal that recommended enabling native NFT support on the ledger. Our team conducted rigorous performance testing, and we’re confident in the #XRPL’s ability to support XLS-20. 💪 Learn more about the results👇 https://t.co/9mwtjhp7Bk — RippleX (@RippleXDev) July 6, 2022 The developer team started testing whether or not the XRPL would be able to support the additional transaction load brought by on-ledger NFTs. The company also announced plans to post the testing results for everyone to analyze. Efficiency was top of mind when drafting the XLS-20 proposal to bring native NFT support to the #XRPL. Today we are publishing our testing methodology and our results, so that anyone can evaluate the performance and scaling characteristics of the code:https://t.co/hufQvVui53 — 𝙽 𝙸 𝙺 𝙱 (@nbougalis) July 6, 2022 The test involved measuring the NFT throughput by creating one million accounts. Each of these accounts was tasked with minting 20 NFTs each, bringing the total to 20 million NFTs minted. To measure the throug...

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