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Ripple CTO Says XRP Escrow Restricts Token Sales Flexibility

Ripple’s Chief Technology Officer stated that the company’s XRP escrow mechanism limits its ability to sell XRP without restrictions.

XRP

Summary

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Terms & Concepts
  • XRP Escrow: A mechanism that locks XRP tokens for scheduled release, preventing immediate unrestricted sales.
  • Chief Technology Officer (CTO): An executive responsible for overseeing the technological direction and development of a company.