Cryptocurrency Q&A
Can Ripple exist without XRP?
Can Ripple exist without XRP?
CryptoAlchemy
Tue Dec 10 2024
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5 answers
1042
I'm wondering if Ripple can operate or exist independently without the involvement or usage of XRP. Is XRP an essential component for Ripple's functionality, or can it function properly without it?
5 answers
Caterina
Wed Dec 11 2024
Companies have the option to utilize XRP for enhanced liquidity in both xCurrent and xVia platforms, but it is not mandatory.
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Andrea
Wed Dec 11 2024
It is worth noting that the survival of the Ripple Consensus Protocol does not depend solely on the success of Ripple, the company.
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Alessandro
Wed Dec 11 2024
The only Ripple product that necessitates the use of XRP is xRapid.
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Tommaso
Wed Dec 11 2024
Despite being a crucial component, the Ripple Consensus Protocol can still function without the need for XRP.
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MysticGalaxy
Wed Dec 11 2024
However, the protocol cannot exist independently of XRP, highlighting its importance within the Ripple ecosystem.
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