Ripple CTO Disproves Common Myths About XRP

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

AI-1.208%

XRP+0.462%

Source: Coinmarketcap

Updated: Dec 04 2025

Myths About XRP: Ripple CTO David Schwartz debunked several misconceptions about XRP, including that Ripple controls the XRP Ledger, that XRP can be minted, and that XRP was created by Ripple.
Decentralization and Control: The XRP Ledger operates independently of Ripple, with validators running their own servers, ensuring decentralization and preventing any single entity from controlling the network.
Fixed Supply and Efficiency: XRP has a fixed supply of 100 billion tokens, with no mining or validator rewards, which contributes to its stability and efficiency in processing transactions quickly and at low fees.
Public Access and Transparency: The XRP Ledger is public and accessible to anyone, allowing users to explore transactions and run validators, reinforcing its open and transparent nature.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Ripple CTO Disproves Common Myths About XRP

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

US Stocks Edge Up as ASML Reports Record Orders

Intel's Stock Surge Amidst Risks and Competition

People Also Watch