8

If there are a finite number of ripples, and ripple transaction fees get destroyed with each transaction, then wont they eventually run out?

3
  • 3
    After ~10^16 transactions, that's ten quadrillion or ten million billion. The first whole XRP has yet to be destroyed.
    – dchapes
    Apr 16, 2013 at 11:26
  • 1
    @DaveC you could post that as an answer, I'd say
    – o0'.
    Apr 16, 2013 at 12:37
  • 1
    So the the answer is Yes, but humans will probably be using something else by then, or will have become extinct or computers will have taken over etc etc. So we need not worry. Apr 20, 2013 at 23:42

1 Answer 1

4

The fee is variable over time. As the supply dwindles, the relative value of each XRP will be higher, so the transaction fee will get lower. They'll never really run out.

https://ripple.com/wiki/Transaction_Fee

1
  • 1
    There must become a point where the number of decimal places run out. Probably not for a long time. Apr 20, 2013 at 23:49

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.