[DigitalToday reporter Jinju Hong] An XRP Ledger (XRPL) validator claimed the XRPL consensus mechanism is more suitable for long-term network operations than bitcoin’s proof-of-work (PoW) method. The validator said bitcoin’s mining rewards steadily decline because of halvings, while XRPL is designed to reach consensus without mining rewards, reducing long-term cost burdens.

DeCrypt, a blockchain media outlet, reported on July 13 that an XRPL validator known as Vet, Hussein Janganeh (후세인 잔가나는), made the claim in an X post and a video presentation comparing the supply structures and consensus mechanisms of bitcoin and XRPL.

Janganeh said, “Supply distribution is a temporary challenge, but the consensus algorithm is permanent.” He said that in maintaining a network over a long period, the current operating structure matters far more than the initial token distribution method.

He said bitcoin, at launch, paid a mining reward of 50 BTC per block to encourage participation. He assessed that this achieved supply distribution and security at the same time. He added that the halving structure, in which rewards are cut in half about every four years, creates new challenges over time.

Janganeh said about 95.5 percent of bitcoin’s maximum supply of 21 million BTC is already in circulation, and mining rewards will inevitably change as new issuance shrinks sharply. He forecast that if block rewards fall to a virtually negligible level, miners will rely more on transaction fees. He also raised the possibility that if on-chain transactions decline as bitcoin Layer 2 networks spread, miners may not be able to secure sufficient fee revenue over the long term.

By contrast, he pointed to the fact that XRPL did not use its consensus mechanism as a means of token distribution from the outset. XRPL chose to generate all 100 billion XRP at launch and then distribute tokens to the market over time. He said the consensus mechanism was designed to focus only on validating transactions and finalising settlements, not issuing new tokens.

Janganeh claimed that because of this structure, XRPL can maintain low operating costs, fast transaction finality and minimal transaction fees.

He acknowledged that in terms of initial token distribution, bitcoin’s proof-of-work method may have been more efficient. He said XRPL’s advantage in the long term is that it does not face the burden of having to sustain mining rewards. He also forecast that new users of cryptocurrencies will place greater importance on how efficiently a network operates now than on its initial distribution method.

Janganeh said, “Whether bitcoin distributed supply through mining, or XRP was distributed over time, is a separate issue from current usability.” He claimed that after an ecosystem has matured, the current consensus structure determines competitiveness.

He added that as XRPL has already grown into an ecosystem with various developers and applications, network efficiency and operational stability will become more important evaluation criteria than disputes over initial token distribution.

Janganeh predicted that the next 5 to 10 years will be an important testing ground for the bitcoin network. He said the key challenge will be whether miners can maintain economic incentives on transaction fees alone as block rewards continue to fall. He claimed that XRPL can operate the network while maintaining its current consensus model without such a structural burden.

However, the remarks reflect the personal view of an XRPL validator, and the bitcoin community has also consistently raised a counterargument that, in the long run, the transaction-fee market can provide sufficient security incentives.