RE: Steemitcryptoacademy | homework post submission for professor yohan2on
Hi @akaashh
Thanks for your participation in the Steemit Crypto Academy.
Unfortunately, your article contains plagiarized content.
Ripple planned to release a maximum of 1 billion XRP tokens each month as governed by an in-built smart contract; the current circulation is over 50 billion
https://hcosyndicate.com/promotions/
A scientific study by two researchers from Stanford and Stockholm University that studied the money production from an energy consumption point of view and a macroeconomic level stated that running a server on Ripple was comparable to the energy needs of running an email server.
https://beardedheretic.com/2021/01/26/resetting-the-financial-system-ice-9-freeze-imf-digital-sdr-cbdc-control-system/
By 2018, over 100 banks had signed up, but most of them were only using Ripple's XCurrent messaging technology, while avoiding the XRP cryptocurrency due to its volatility problems.
https://en.wikipedia.org/wiki/Ripple_(payment_protocol)
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