Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Crestie C. Tuvilla on May 24, 2018, 10:19:31 AM

Title: The basics of escrowed Ripple
Post by: Crestie C. Tuvilla on May 24, 2018, 10:19:31 AM
Ripple Labs explained why it used the escrow arrangement. The company claims that it has been "a responsible steward of XRP supply for almost five years and has clearly demonstrated a tremendous track record of investing in and supporting the XRP ecosystem." Yet it admitted that concerns about a potential flood of the cryptocurrency onto the market could harm current investors in Ripple.