Market Update

Ripple Cto Schwartz survey Air on XRP sales and offer

David Schwartz, chief technology official in Ripple, dealt with continuous concerns about XRP sales and speculation about the offer. In a recent discussion, he made it clear that the Ripple approach to selling XRP carefully and transparently, and eventually aims to strengthen the XRP ecosystem.

Schwartz explained that the sale of Ripple for XRP Not only related to revenues – it plays an important role in financing various projects that drive the adoption of digital assets. He assured the community that these sales are responsible, which ensures that they do not negatively affect the market.

He emphasized that Ripple’s vision is to enhance the ability to use XRP across industries, especially in border payments. Through strategic partnerships and continuous innovation, the company works to make financial transactions more efficient and costly.

Recently, speculation has appeared on social media, indicating that Ripple could write additional XRP symbols. The Schwartz treated these claims directly, and firmly refused the idea that the XRP width can increase the will.

“No network base in the XRPL code allows the creation of XRP. In fact, the network rules that the contract specifically prohibit prohibits it,” he answered, answered by a post by user X Pierre Rochard, who claimed that Ripple could create more XRP.

Schwartz also indicated that the Professor XRP (XRPL) book is based on guarantees that prevent any unauthorized symbol. He referred to the previous incidents in other encrypted currencies, such as the famous Bitcoin defect, which once allowed 184 billion BTC to create.

“Well, not to calculate the time that allowed an unlimited Bitcoin error. Something is not possible on XRPL due to the advanced fixed examination system, and the innovation of XRPL that could have prevented the Bitcoin virtue and the DAO attack.”

Support of Schwartz and Liser XRPL and the founder of XRPCAFE, the veterinarian, reaffirmed that there is no way to mint XRP. In addition, the former Ripple developer Matt Hamilton closed allegations that there may be a hidden way to create more XRP.

“There is no function literally to create more XRP. Literally, there is no code to do such something. Moreover, there is an examination that is examined every knot that ensures that no XRP can be created by mistake (such as the excess defect in the value of the bitcoin that printed 184 billion BTC of the thin air).”

XRP contains fixed supplies of 100 billion icons, and unlike other assets, the total number does not exceed. In fact, it decreases slightly over time because small amounts of XRP are permanently destroyed as transactions.

Also read: Howard Lootnick Trump emphasizes the announcement of bitcoin reserves





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