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I don't have a dog in this fight, but Ripple Labs did set things up so they would start off with all the network currency, and still own the majority of it: htt

• philrapo 13y ago
  That's correct. From Ripplelabs.com: "Because Ripple’s new architecture does not require mining [to reach consensus], the creators of Ripple faced a choice: exclusively distribute XRP via mining or diversify distribution methods to include useful mining, business development, funding third-party developers, and hiring talent at Ripple Labs, the company responsible for improving upon and promoting the Ripple protocol." XRP is currently distributed via the "Computing for Good" program: "We’re giving away XRP in exchange for donating computing power to scientific research via World Community Grid. Anyone with an Internet-connected computer or Android device can participate." link: https://www.computingforgood.org/ https://www.computingforgood.org/