A recent post by Vet, a dUNL validator on the XRP Ledger, addressed a common misconception regarding XRP’s supply. The post emphasized that the total supply of 100 billion XRP was created at the genesis of the XRP Ledger and that no additional XRP can ever be issued. Despite this, some speculate that new XRP could be generated by design or a flaw. This article will clarify why this is impossible and what it means for XRP’s long-term value. 100,000,000,000 $XRP were created with the genesis account over a decade ago. However, some believe that additional XRP could be issued . Let me walk you through why that's not possible and what this means for XRP pic.twitter.com/3cU3ffiWhd — Vet (@Vet_X0) February 2, 2025 100 Billion XRP Were Created at Genesis In 2012, when the XRP Ledger was launched, 100 billion XRP were created in the Genesis account. This account is hardcoded into the system, and its keys are publicly exposed, meaning anyone can verify the original distribution. There is no mechanism within the XRP Ledger to mint or create additional XRP beyond this initial supply. XRP Supply Can Be Verified on Every Block A key feature of the XRP Ledger is complete transparency regarding XRP’s total supply. Any node operator or developer can verify the supply by querying the ledger using in-built commands. This ensures that the total XRP supply is always known and cannot be manipulated. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 No New XRP Can Be Created—By Design The XRP Ledger is programmed with strict rules that prevent any additional XRP from being created. This is enforced by the following: Ledger Invariant Checks – The system automatically verifies every transaction to ensure no additional XRP is generated through intentional attempts or unintended software bugs. If such an anomaly were detected, the transaction would be rejected. No Issuance Functionality – Unlike blockchains that allow minting new tokens, the XRP Ledger does not have a built-in function to create more XRP. The total supply is permanently set. No Administrative Control – There is no central authority or privileged entity, including Ripple, that can override the ledger’s rules. The XRP Ledger operates as a decentralized network where all participants must follow the same protocol. XRP Is Deflationary Not only is the total supply capped at 100 billion XRP, but the XRP Ledger also has a deflationary mechanism. Every transaction on the network incurs a small fee, which is burned , permanently removing that XRP from circulation. Over time, this process reduces the total available supply, increasing scarcity. Investors, developers, and users can independently verify the supply at any time, reinforcing the network’s transparency and trustworthiness. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRPL Validator Explains Why More XRP Cannot Be Issued appeared first on Times Tabloid .
