Cryptocurrency Q&A Is XRP mined like Bitcoin?

Is XRP mined like Bitcoin?

EchoPulse EchoPulse Tue Dec 10 2024 | 7 answers 1385
I want to know if XRP is mined in a similar way to Bitcoin. I'm curious about the process and whether it involves mining like Bitcoin does. Is XRP mined like Bitcoin?

7 answers

Dario Dario Thu Dec 12 2024
XRP possesses a unique distinction in the cryptocurrency realm.

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SkyWalkerEcho SkyWalkerEcho Thu Dec 12 2024
Ripple's approach to XRP was strategic and premeditated.

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Margherita Margherita Wed Dec 11 2024
BTCC's comprehensive suite of services makes it a popular choice for cryptocurrency traders and investors.

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CryptoChieftain CryptoChieftain Wed Dec 11 2024
A significant portion of the pre-mined XRP was not immediately available.

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OliviaTaylor OliviaTaylor Wed Dec 11 2024
The use of escrow accounts played a crucial role in Ripple's plan.

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