XRP Ledger Upgrade Plan Criticized for Potential Decentralization Threat

A proposed XRP Ledger upgrade aims to increase the transaction memo field size from 1 KB to 1.3 MB, allowing users to embed large media files directly on the blockchain.

Matt Hamilton, a former Ripple developer relations director, has criticized this plan, warning it would force every node to store heavy files permanently and drastically increase hardware demands, threatening the network's decentralization.

Hamilton suggests using specialized storage networks like Filecoin instead to keep XRP Ledger efficient as a payment system.