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Ripple CTO States How Ripple Can Simply Burn 40.7 Billion XRP in Escrow

Ripple CTO States How Ripple Can Simply Burn 40.7 Billion XRP in Escrow


TimesTabloid
2024-02-21 04:00:49

Concerns surrounding Ripple’s management of XRP, particularly the 40.7 billion units held in escrow accounts, have sparked discussions within the cryptocurrency community. To address these concerns, Ripple CTO David Schwartz recently offered insights into the potential burning of these whopping reserves. His explanation centered on the concept of blackholing the escrow accounts, essentially rendering them The post Ripple CTO States How Ripple Can Simply Burn 40.7 Billion XRP in Escrow appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .


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