<p style="text-align: justify"><a href="https://en.coin-turk.com/xrps-soaring-growth-and-the-impact-of-regulatory-changes/" rel="noopener noreferrer nofollow">Ripple</a>‘s Chief Technology Officer, David Schwartz, has responded to allegations about the activity level and authenticity of transactions on the XRP Ledger, after recent data highlighted that a small group of accounts were responsible for the overwhelming majority of network transactions in August 2026.</p><h2 id="xrp-ledger-activity-questioned">XRP Ledger activity questioned</h2><p style="text-align: justify">A social media post by X user ScamDetective5 cited Bitquery statistics showing that 793 accounts contributed to 93% of all transactions recorded on the XRP Ledger last month. The post described these accounts as bots or spammers, arguing that less than 1% of the network’s activity consisted of genuine human payments. This critique concluded by calling the XRP Ledger a “ghost chain,” a term used to describe blockchains perceived as lacking in real, meaningful use.</p><p style="text-align: justify">Bitquery data also noted that, since its inception in 2013, the XRP Ledger has processed 5.06 billion transactions. For August 2026 alone, the platform reported 793 accounts driving 93.2% of its total transaction volume. Additionally, estimates suggested just 0.80% of that volume reflected actual human-scale payments, while almost half of all active accounts sent only one transaction before becoming inactive. The median account balance on the network was found to be 12 XRP.</p><p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: Bitquery, a blockchain data analytics platform, provides real-time and historical insight into network transactions, token movements, and account activity.</p><table style="border:1px solid #f1e4d8;padding:8px"><thead><tr><th>Metric</th><th>August 2026 (XRP Ledger)</th></tr></thead><tbody><tr><td>Number of dominant accounts</td><td>793</td></tr><tr><td>Share of total transactions</td><td>93.2%</td></tr><tr><td>Human-scale payments</td><td>0.80%</td></tr><tr><td>Median account balance</td><td>12 XRP</td></tr></tbody></table><h2 id="schwartz-counters-ghost-chain-argument">Schwartz counters ‘ghost chain’ argument</h2><p style="text-align: justify">David Schwartz challenged the significance of the data, particularly the value judgment attached to automated or low-value transactions. Responding directly to the online criticism, Schwartz argued that low-cost transaction capability on the XRP Ledger provides value and flexibility, allowing both practical and less essential uses.</p><blockquote><p>Schwartz noted, “Yes, it’s very cheap. Yes, you can use it for useful things and useless things. If it were more expensive and fewer people did low-value things on it, would that somehow make it better?”</p></blockquote><p style="text-align: justify">He highlighted that blockchain platforms supporting inexpensive, rapid transactions naturally attract a broad spectrum of activity, not all of which may be recognized as high-value or essential by observers. Schwartz suggested that raising transaction costs to filter out less significant uses might not automatically improve the quality of the network.</p><p style="text-align: justify">His response underscored the ongoing debate on whether the volume of automated, bot-driven, or low-value transactions should be interpreted as a weakness. He contended that such activity can also be viewed as a sign of a network’s accessibility and capacity to handle varied workloads at scale.</p><h2 id="fee-structure-and-network-usage">Fee structure and network usage</h2><p style="text-align: justify">Bitquery’s analysis also reviewed the accumulated transaction fees on the XRP Ledger since its launch. According to this data, every fee collected totals approximately $7.6 million, with no specific individual or entity receiving these fees directly.</p><p style="text-align: justify">The conversation between ScamDetective5 and Schwartz has brought renewed attention to how the community assesses blockchain viability and relevance, with differing opinions on the role and significance of bot-driven or non-human activity.</p><blockquote><p>Debate continues over the main criteria for evaluating blockchains: whether network usefulness is best measured by the number of human-initiated payments or by the system’s ability to process a wide range of inexpensive transactions.</p></blockquote><p>The post <a href="https://en.coin-turk.com/ripples-david-schwartz-rejects-ghost-chain-claim-as-xrp-ledger-sees-93yuzde-bot-activity/" rel="noopener noreferrer nofollow">Ripple’s David Schwartz rejects ‘ghost chain’ claim as XRP Ledger sees 93% bot activity</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Ripple’s David Schwartz rejects ‘ghost chain’ claim as XRP Ledger sees 93% bot activity

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