The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. They sell the coins periodically and have distributed many to insiders. In fact, more than half the XRP that will ever exist are still owned by Ripple.
All the transactions recorded on the XRP blockchain are confirmed using a consensus system comprising groups of validators that analyze the network's transactions. Those validators, or nodes, are in turn organized into groups that trust each other called UNLs, or “unique node lists.” While validators get to choose their own UNL, the list assembled by Ripple is the default, creating a possible area of centralization.
- Ik snap sowieso niet waar de waarde vandaan moet komen, maar die is duidelijk nog ver weg.