Tag: pre-mined

XRP Mining Unveiled Understanding Ripple's Pre-Mined Cryptocurrency

XRP Mining Unveiled Understanding Ripple's Pre-Mined Cryptocurrency

Developed in 2012 by crypto fintech company Ripple Labs, XRP functions differently than most digital currencies. Contrary to Bitcoin and other cryptocurrencies which are built upon the concept of mining, all 100 billion XRP were pre-mined at the very start. This pre-mined nature means that XRP cannot be mined through...

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