Ripple Conducts Testing of Native NFT Functionality

According to an update posted by RippleX, the development arm of the San Francisco-based blockchain company, the team of developers now believes in the XRP Ledger’s ability to support the XLS-20 standard for non-fungible tokens.

As reported by U.Today, Ripple upgraded its services to allow validators to vote in favor of implementing the above standard. The developer team began testing whether XRPL would be able to support the additional transaction load brought by on-ledger NFTs.

The RippleX team was able to reach a peak continuous throughput of 2,199 transactions per second at the time of XRP payments.

The developer team also tested NFT throughput by creating one million accounts, each containing 20 NFTs. After that, RippleX measured the mix of XRP payments and NFT offerings as well as NFT mining.

It should be mentioned that the tests were conducted in an ideal environment with synthetic workloads. This means that the above numbers do not reflect the real-life performance of the network as there were only five validators operating within the same site. For comparison, the live network has hundreds of nodes operating all over the world.

Back in September, Ripple introduced a $250 million fund for NFT creators who are interested in working on the XRP Ledger.

In January, the company launched NFT-Devnet, a beta environment that extends support for NFTs over XRPL.

Ripple claims that its ledger is a perfect fit for NFTs due to its speed, cheap transactions, simplicity, stability and decentralization.