Finance News
By Maheen Hernandez
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Ripple (XRP) Democracy
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Ripple are making global payments happen very quick and affordable than ever before. Those who are looking at Altcoins with tremendous amount of potential would not deny…
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Forbes reported, “XRP, a digital token developed by Ripple, made huge gains through November ahead of a hotly anticipated giveaway of a new cryptocurrency, known as an airdrop.
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The Spark (FLR) airdrop was an attempt by Ripple to stand out in the world of cryptocurrency.
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Spark (FLX) is the native token of the Flare Network. Holders of XRP during the airdrop received free SPARK tokens, the token did a good job of bringing the price of XRP…
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Commenting on this, Sydney Ifergan, the crypto expert tweeted: “Price trends are value driven.
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We cannot forget how Ripple was under consistent fire in the past for having sold millions of tokens on a regular basis.
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As Schwartz previously stated, public blockchains are very democratic and if the majority of them wanted a rule change, there is nothing the minority will be able to stop them.
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So, if all nodes, validators, and the community "at large" agreed that the XRP held in escrow by Ripple should be burned, it should be burned and whether they will get majority…
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Any kind of growth that XRP can prospect of any other blockchain can prospect should come from the community as a whole.
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When the Spark tokens air drop created the buzz perhaps the 81,500 Ripple owners were excited; however, what after the excitement is the question.
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“Crypto stakeholders who registered their XRP in eligible accounts collected free Spark tokens in a 1:1 ratio when Flare held the “snapshot” day on December 12th.
The Currency Analytics
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