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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Ripple CTO proposed two innovative upgrades to the XRP Ledger transaction fee.
Gate News bot message, Ripple's Chief Technology Officer David Schwartz proposed an innovative upgrade regarding XRP Ledger transaction fees. He stated: "I support this idea: to charge the same fee for every transaction in the ledger as much as possible, but prioritize based on the highest fee the transaction is willing to pay."
It is worth noting that Schwartz proposed two main schemes to improve the efficiency and fairness of XRPL, with the primary goal of eliminating unnecessary overpayments. He pointed out, "Everyone is overpaying. This is not ideal."
Schwartz's first proposal focuses on dynamically calculating the minimum fees required for transaction processing after reaching consensus. Users who overpay will receive a rebate on the excess amount, thereby promoting a fair incentive mechanism and rewarding honest fee bidding. Schwartz wrote, "One idea is to calculate the fee level needed to include another transaction in the ledger after determining the consensus transaction set, and refund any fees that a transaction attempts to pay above that level. You may need to tweak it slightly to ensure it does not undermine consensus."
Secondly, he suggested calculating the median fee of all accepted transactions in each ledger and refunding the difference between the fees paid by the users and the median fee, thus effectively reducing overpayment. Although this method is more practical, if users submit their acceptable maximum bid, it may lead to overpayment. Both proposals prioritize enhancing user experience while maintaining performance standards.
These discussions come as the community anticipates the upgrade of the blockchain version 2.5.0 in June. Recently, the XRPL integrated major features including batch processing (XLS-56), sparking optimism.
Source: CoinGape