Post
Topic
Board Altcoin Discussion
Re: Ripple now worth more than Litecoin. Litecoin sell off in 3..2..1..
by
identtitentti
on 29/09/2014, 04:39:07 UTC
Ripple is a joke they just printed more like the fed.

Just the opposite, all the XRP that can ever exist have already been created, and they are now being destroyed (to pay for transaction fees).

Check out:
http://www.ripplecharts.com/#/

38,357 XRP have been destroyed since Ripple's inception.



Just became aware of that myself too. The main purpose of XRP is to prevent spam. So, when all XRP have been distributed and then destroyed as transaction fees, how is the network supposed to work???