XRP: The Basics | Bitcointalksearch.org

Hodor7777

full member

Activity: 616

Merit: 112

It’s easy to confuse what is with what ought to be

Quote from: qazgroup on September 26, 2018, 08:15:08 AM

Nicely written, although ripple has a strong project, team and collaborations already with banks and other financial institutes the only concern is the huge amount of tokens still held by the team and their decision about buying and selling can cause pump or dump in xrp price, this is the reason some critics call xrp centralized coin, i think team needs to review this.

Ripple has locked away its treasury supply of XRP in 55 separate escrow contracts that expire each month for the next 55 months. Every time one of these contracts is released by the XRP Ledger, the associated XRP is made available to Ripple. Ripple decides how to utilize this released XRP in its business each month: It then places each unused portion of the released XRP back into a new escrow for another 55 months.

References:

https://ledger.exposed/escrow-stats
https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

Hodor7777

full member

Activity: 616

Merit: 112

It’s easy to confuse what is with what ought to be

Quote from: clonely on September 26, 2018, 08:03:36 AM

Quote from: kolonel_x on September 26, 2018, 07:58:58 AM

maybe the price of XRP will touch 1 dollar by the end of the year? I see the XRP movement is very and very fierce, like it will fly even higher, and maybe this year will be the beginning of the revival of XRP to go further

Ripple is a great regret. It always has the potential to hurt people. The price fell quickly when I bought it. A crypto money you will I never buy. And centralized!

LOL! It's less centralized than Bitcoin or Ethereum. It's in the blog that this very post references. Maybe try reading before posting next time.
https://fudbingo.com/
https://fudbingo.com/the-xrp-blockchain-is-centralised

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

Nicely written, although ripple has a strong project, team and collaborations already with banks and other financial institutes the only concern is the huge amount of tokens still held by the team and their decision about buying and selling can cause pump or dump in xrp price, this is the reason some critics call xrp centralized coin, i think team needs to review this.

clonely

member

Activity: 490

Merit: 10

SEND AND RECEIVE MONEY INSTANTLY

Quote from: kolonel_x on September 26, 2018, 07:58:58 AM

maybe the price of XRP will touch 1 dollar by the end of the year? I see the XRP movement is very and very fierce, like it will fly even higher, and maybe this year will be the beginning of the revival of XRP to go further

Ripple is a great regret. It always has the potential to hurt people. The price fell quickly when I bought it. A crypto money you will I never buy. And centralized!

kolonel_x

sr. member

Activity: 1092

Merit: 250

maybe the price of XRP will touch 1 dollar by the end of the year? I see the XRP movement is very and very fierce, like it will fly even higher, and maybe this year will be the beginning of the revival of XRP to go further

Hodor7777

full member

Activity: 616

Merit: 112

It’s easy to confuse what is with what ought to be

Blog Location: https://xrpcommunity.blog/the-basics-of-xrp/

Ever want to send a link to a friend that explains the basics of XRP?

In today's blog, I go over all the basics of XRP, including its features, capabilities, and include some of the major differences between it and other networks.

While it's not an in-depth treatment of 'all-things XRP,' it serves as a convenient reference document if you're looking for a short explanation to share with somebody new.

I hope you enjoy the read, and feel free to leave any feedback below.

Thanks & Sincerely,

-Hodor

On Twitter: https://twitter.com/Hodor7777/status/1044916527928156160

Topic: XRP: The Basics (Read 124 times)