🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
XRP Ledger reduces the base reserve from 10 XRP to 1 XRP to drop the user threshold
ChainCatcher message, according to Cointelegraph, the XRP Ledger will reduce the base reserve requirement from 10 XRP (about $25.60) to 1 XRP (about $2.56). At the same time, the base reserve for each account object (including Non-fungible Token, trust lines, signers, etc.) has also been reduced from 2 XRP to 0.2 XRP. This adjustment was first disclosed by Vet, the operator of the XRP validation Node. The purpose of the base reserve is to prevent the size of the ledger from growing beyond the capacity of the Node storage. Developers want to prevent the creation of garbage accounts with almost no XRP, so they propose a 10 XRP reserve requirement to prevent this from happening. However, the high reserve has received criticism from some developers, who say that it slows down the adoption of the XRP network by users.