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13 Views • Mar 26, 2024 • Click to toggle off description
To provide additional predictability to the XRP supply, Ripple has locked 55 billion XRP (55% of the total possible supply) into a series of escrows. These escrows are on the ledger itself and the ledger mechanics, enforced by consensus, control the release of the XRP.
The escrow consists of independent on ledger escrows that release a total of one billion XRP each month over the next 55 months. This provides an upper limit on the amount of new XRP that can be brought into circulation. The amount of XRP actually released into circulation will likely be much less than this. Any additional XRP leftover each month will be placed into a new escrow to release in the first month in which no escrow currently releases.
Views : 13
Genre: Science & Technology
License: Standard YouTube License
Uploaded At Mar 26, 2024 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 5 (0/9 LTDR)
100.00% of the users lieked the video!!
0.00% of the users dislieked the video!!
User score: 100.00- Masterpiece Video
RYD date created : 2024-03-26T12:15:18.314317Z
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10 Comments
Top Comments of this video!! :3
Dude...retail XRP is never used by Ripple...so how is that bullish?
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My God, l haven't seen you for about 5 years talking about xrp on those dark frostie morning with a coffee mug in hand in car, still preaching XRP, time is right now to get back in it, stay safe bro
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Hodl it's that simple
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Been hiding under a rock brah??
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@anthonydeane4381
9 months ago
I can't believe how many videos you have had to make to explain this FUD till the end!
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