Interesting fact: Ripple (XRP) cannot be mined, unlike bitcoin.
Unlike most cryptocurrencies, XRP is not mined through mining. All 100 billion XRP were created at the launch of the Ripple network in 2012. Some of them were distributed among developers and investors, while the rest is held in a special escrow account by Ripple Labs and released gradually. This allows avoiding inflation and maintaining the stability of the coin.
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Interesting fact: Ripple (XRP) cannot be mined, unlike bitcoin.
Unlike most cryptocurrencies, XRP is not mined through mining. All 100 billion XRP were created at the launch of the Ripple network in 2012. Some of them were distributed among developers and investors, while the rest is held in a special escrow account by Ripple Labs and released gradually. This allows avoiding inflation and maintaining the stability of the coin.