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The supply isn't infinite, and they won't create more.
by shepardrtc 9y ago
The supply isn't infinite, and they won't create more.
- BinaryIdiot 9y agoIs the reason they won't create more technical or philosophical? I don't know enough about Ripple.
- SippinLean 9y agoIt would require a change to the protocol
- lojack 9y agoIts both. They won't create more for philosophical reasons because the value would plummet. They won't create more for technical reasons because it needs an 80% majority of nodes to approve a change for it to occur. Some people will tell you they control the validating nodes, but thats only really a half truth. Ripple controls 3 out of 50+ nodes, and also controls the default list of approved validator nodes. There's no reason why you can't deviate from the default list of validators, but its hard to say if anyone actually does in practice.
- celticninja 9y agoBut they could, nothing in the tech is stopping them from creating more.