Bitcoin has more full nodes than XRP has active addresses, observed one crypto commentator.
5th, Bitcoin nodes exceed the number of active XRP addresses.
The most recent data shows the number of full nodes at 9,567 while the 30-day average for active XRP addresses sits at 7,570.
For clarity, any computer connected to the Bitcoin network is a node, while a node that fully verifies all of the Bitcoin protocol's rules are called full nodes.
As noted by Matt Hamilton, a software developer and XRP advocate, active addresses for XRP are underrepresented because of XRP Ledger's 'destination tag' feature, which allows for a single XRP address to have many subaddresses.
XRP is much more efficient than BTC with addressing as it has destination tags to facilitate subaddressing.
A more direct comparison would be to look at the number of active addresses between Bitcoin and XRP. Without adjustments, Bitcoin has 100 times as many active addresses as XRP. The data indicates there is a far greater number of people using bitcoin on a daily basis for conducting payments, even with Bitcoin's much higher fees and longer validation times.
Validators in XRP Ledger's consensus algorithm, Ripple Protocol Consensus Algorithm, are analogous to full nodes on the Bitcoin network.
XRP Ledger has 29 validators on its default unique node list chosen from a pool of 139 validators.
In combination with the above figures, XRP Ledger is frequently criticized for the alleged centralization of its system, with the majority of XRP tokens owned by Ripple and other insiders at the company.
Bitcoin active nodes outnumber XRP active addresses
에 게시 됨 May 5, 2019
by Cryptoslate | 에 게시 됨 Coinage
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