CandleFocus Shockingly Big Fee Paid to Send Tiny XRP Transaction
2024-09-16
Author: Content Editor
The content highlights several instances where users have paid exorbitant transaction fees due to errors or bugs in the code. Examples include someone paying 26,000 XRP ($15,315) to send just 0.15 XRP and a Bitcoin user paying $47,000 for an insignificant transaction. The article mentions that these mistakes can occur on different blockchains, including Bitcoin and Ethereum, despite measures in place to prevent them. The XRP Ledger, known for its low transaction fees, experienced an abnormally high fee in this case.
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