#AltcoinSeasonLoading Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of transaction validation. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers, called validators, reach an agreement on the order and outcome of XRP transactions. All servers on the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed immediately. All transactions are public and transparent, and anyone can operate a validator. Currently, there are more than 150 validators in the ledger, operated by universities, stock exchanges, companies, and individuals around the world.

Through the Federated Consensus mechanism, all verified transactions can be processed without a single point of failure, as no single participant makes decisions independently