Summary
TLDR: Ripple released 400 million XRP tokens, raising questions due to its timing and memo. This transaction deviates from their typical schedule, sparking speculation in the community. Despite this, XRP’s price remains stable. Email exchanges revealed Satoshi Nakamoto’s praise for Ripple’s innovative approach to trust in decentralized networks.
Key Points
1. Ripple executed a notable transaction today, releasing approximately 400 million XRP tokens valued at around $217 million, drawing significant community attention.
2. The unusual timing and enigmatic memo accompanying the transaction has stirred curiosity among the XRP community, deviating from Ripple’s typical schedule of releasing tokens from its escrow wallet.
3. Email correspondence revealed conversations between Bitcoin’s creator, Satoshi Nakamoto, and early BTC contributor Martti Malmi, where Nakamoto praised Ripple for its novel approach to dispersing trust across its network, setting it apart from centralized systems.