Interesting fact: Ripple owns the majority of XRP, but does not have complete control over it.
Although Ripple Labs created XRP and owns a significant portion of its supply, the XRP Ledger network is decentralized. Most XRP is held in escrow accounts, and the company can only release a limited amount of coins each month. Additionally, Ripple does not control all the validators on the network, meaning it cannot unilaterally alter or halt transactions.
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Interesting fact: Ripple owns the majority of XRP, but does not have complete control over it.
Although Ripple Labs created XRP and owns a significant portion of its supply, the XRP Ledger network is decentralized. Most XRP is held in escrow accounts, and the company can only release a limited amount of coins each month. Additionally, Ripple does not control all the validators on the network, meaning it cannot unilaterally alter or halt transactions.