- Bill Morgan initiated a discussion on the decision to issue 100 billion coins on the XRPL (XRP Ledger).
- XRPL’s substantial coin issuance was explained in response to a comparison with SOL’s circulating supply.
- Ripple CTO David Schwartz confirmed the technical considerations, emphasizing the preference for integer amounts.
In a recent Twitter exchange, lawyer Bill Morgan sparked a thoughtful discussion about the decision behind issuing 100 billion coins on the XRPL (XRP Ledger) and its implications for tokenomics.
The conversation unfolded in response to a user’s observation about SOL’s circulating supply being significantly smaller than XRP’s, prompting Morgan to delve into the rationale behind the XRPL’s substantial coin issuance.
Fredo Ayala, the X user, pointed out that, while the rate of inflation might be similar, the vast supply of XRP is designed to enhance liquidity. However, Ayala argued that this abundance could potentially hinder price appreciation, raising concerns about the tokenomics of XRP.
I will have to think about that but has anyone properly considered why the creators of the XRPL decided on an issue of 100 billion coins instead of …The post Ripple’s CTO Clarifies Rationale Behind 100 Billion XRP Total Supply appeared first on Coin Edition.