Can the supply limit of XRP be increased or decreased?

3 answers

• Dec 16, 2021 · 3 years ago
  No, the supply limit of XRP cannot be changed. The maximum supply of XRP was set at its creation and cannot be increased or decreased. This is one of the key features of XRP, as it ensures a fixed and predictable supply over time. It provides stability and avoids the risk of inflation that can occur with other cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  Absolutely! The supply limit of XRP can be increased or decreased if there is a consensus among the XRP community and the developers. However, any changes to the supply limit would require a hard fork, which is a significant and complex process. It would require agreement and coordination among the stakeholders and could potentially lead to a split in the XRP network. Therefore, changing the supply limit is not a decision to be taken lightly and would require careful consideration of the potential consequences.
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• Dec 16, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that the supply limit of XRP cannot be altered. XRP has a fixed maximum supply of 100 billion coins, and this limit cannot be changed by any individual or entity. This design choice ensures the stability and predictability of XRP's monetary policy, making it a reliable digital asset for various use cases. It is important to note that BYDFi fully supports and adheres to the established rules and protocols of the XRP network.
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