XRP Ledger uses QuestDB for real-time blockchain analytics

The Inclusive Financial Technology Foundation, formerly known as the XRP Ledger Foundation, adopted QuestDB to manage the XRP Ledger's substantial transaction data, a decision driven by the need for a robust, cost-effective database after their previous engine was discontinued due to high operational costs. QuestDB was chosen for its superior query speed, data throughput, and open-source architecture, which aligns with the foundation's operational philosophy. This modern database infrastructure enables the XRP Ledger to process extensive historical datasets in milliseconds, facilitating real-time data retrieval and analysis across the blockchain's growing ecosystem. By leveraging QuestDB, the foundation has significantly reduced its total cost of ownership by over 90% compared to legacy cloud platforms, allowing them to efficiently handle complex queries and deliver timely, accurate data to user-facing applications within the ecosystem.