- Ripple CTO David Schwartz refuted claims about new XRP minting, confirming the availability is hard-capped at 100 billion tokens with no perform to create extra.
- XRP Ledger’s design and safety measures, together with invariant checkers, strictly forestall any manipulation of the token provide, guaranteeing its immutability since inception.
A brand new wave of hypothesis has stirred up a long-standing debate over whether or not new XRP tokens might be minted. Ripple’s Chief Expertise Officer, David Schwartz, swiftly shut down the claims, emphasizing that no perform inside the XRP Ledger permits for such an motion.
The dialogue erupted after Bitcoin maximalist Pierre Rochard reignited considerations, suggesting that Ripple might create greater than the finite 100 billion XRP provide. Rochard’s feedback, posted on X, sparked a heated debate amongst XRP lovers, prompting a direct response from Schwartz.
Schwartz firmly debunked the notion, making it clear that XRP’s provide is hard-capped. He identified that the blockchain itself enforces strict guidelines, guaranteeing that no further XRP might be created past what was initially issued.
Immutable Blockchain Guidelines Defend XRP’s Provide Cap
Backing Schwartz’s assertion, Vet, an XRPL dUNL validator, Tags: assurescodecreationCTOPreventsRippleXRPXRPL
