XRP Ledger 'Ghost Chain' Debate Ignited by Bitquery Report

A recent report from Bitquery has sparked a 'ghost chain' debate around the XRP Ledger, revealing that just 793 accounts handled 93.2% of the network's transactions in August.

Of these high-transaction accounts, 767 were classified as machine accounts, including bots and spam.

The XRP Ledger Foundation's CTO suggested that users could potentially transfer funds from an X Money account directly into XRP, then use the ledger's primitives to generate yield.

'I see nothing wrong with that setup if it becomes possible,' said the CTO.