Ripple CTO finishes speculating on “Special XRP”
Long -term gossip around Ripple quietly struck using special versions of XRP just a difficult stop. David SchwartzRipple’s CTO and a Ledger XRP engineer this week to address the topic directly – and with it, finished a thread of speculation for years within the XRP community.
I started with a direct question on social media: Is XRP burned on the books of the private professor? The logic behind the question was simple – if XRP was not burned outside the general professor’s book, the contraction pressure should come only from the main XRPL.
Schwartz answered something that floundered directly through fog: Do not use any special books today XRP as a graphic currency. If someone will build one in the future, the drawings are likely to go to the operators of this professor’s book – it is not burned as if it was in the public chain.
It is a statement that falls heavier than he reads. For years, some coding angles speculate that Ripple may operate parallel systems – private professor’s books, perhaps at different prices or XRP mechanics behind closed doors. The idea has even put forward that the Ripple work on CBDCS may include a kind of internal XRP variable.
But the last response from CTO shows this: there is no double pricing, and there is no special XRP burning in the shade and nothing that indicates that the symbol behaves differently on some unpopular networks.
And most importantly, even if there are special counterparts from XRPL for governments or banks, the XRP code itself remains unique. There is no “XRP”. There is only XRP – burned on the general professor’s book and estimated in open markets.