finds "discrepancies" in Ripple's official XRP releases

18 May, 2019
by David Borman
News finds discrepancies in Ripple's official XRP releases

Recently took to twitter to discuss some findings from an analysis they performed on the Ripple ledger. According to them, the officially announced releases of XRP from escrow don't match what is visible on the blockchain, along with a couple of other issues.

The issues that CoinMetrics found can be summed up in three major points:

While these sound like pretty important issues, Ripple CTO David Schwartz was quick to come out to defend why it appears there are discrepancies, though he claims there are none:

Some on twitter were still rather suspicious even after this explanation:

While others were quick to defend the project:

Whether this was a simple mistake or not is still being debated, however Ripple has promised to be more transparent in the future. As always, stick with Chepicap for all updates!

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