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Ripple CTO Says XRPL Was Not Designed to Boost XRP Price

Chief Technology Officer states the XRP Ledger’s purpose is functionality and utility, not directly increasing the value of XRP.

XRP

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Terms & Concepts
  • XRPL (XRP Ledger): A decentralized, public blockchain designed by Ripple for fast and efficient payments.
  • XRP: A cryptocurrency used primarily for digital payments on the XRP Ledger.
  • CTO (Chief Technology Officer): An executive responsible for overseeing the technological direction of a company.