Crypto commentator XRP_Cro (@stedas) recently shared an image showing important points from Ripple CTO David Schwartz. Schwartz addressed false claims about XRP and the XRP ledger that spread in the crypto space.
Some of these claims seem simple or harmless, but they shape how many people view the asset. The facts describe a system that works clearly and openly, but many observers repeat ideas that do not match reality.
#XRP Myths Debunked by David Schwartz
• Ripple doesn’t control the XRP Ledger
• XRP can’t be minted – fixed supply (100B)
• No mining, no validator rewards
• XRP existed before Ripple
• XRPL is public, not private
• XRPL is decentralized
Know the facts. ✅ pic.twitter.com/A7QgvuSNET— XRP_Cro 🔥 AI / Gaming / DePIN (@stedas) December 1, 2025
Control and Supply Facts
A claim suggests Ripple created XRP, which is incorrect. XRP existed before the company. The supply also stays fixed. Schwartz explained this point in the past. All XRP came into existence when the ledger launched.
The asset has a fixed 100 billion token supply, and XRP_Cro noted that “XRP can’t be minted.” No one can create new units. The ledger does not support mining or any other form of token production. This design keeps the supply stable and easy to track.
Some people also assume Ripple controls the ledger. XRP_Cro pushed back, stating that “Ripple doesn’t control the XRP Ledger.” This matches what Schwartz has said for years. The network does not depend on Ripple to operate. Validators run their own servers and make their own decisions.
No single group can change the rules on its own. The ledger continues to function even if Ripple takes no action. This independence matters because it influences how people trust the system.
Access and Decentralization
The XRP Ledger is made for the public. Anyone can explore the ledger, check transactions, or run a validator. The network does not lock users out. It does not hide activity.
Decentralization is another key point. The ledger employs a consensus that brings validators into the process. Each validator chooses its own path. This prevents central control. Schwartz has previously stated that XRP is more decentralized than proof-of-work blockchains.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
The lack of mining further simplifies the process. There are no validator rewards, no mining pools, and no need for specialized hardware. Transactions settle in seconds. Fees remain low even when activity rises. This makes the ledger useful for payments and other tasks that need fast results.
Performance and Utility
Schwartz also highlighted the speed and efficiency of the ledger. He stated that XRP moves value like the Internet moves information. Finally, the CTO reiterated that Brad Garlinghouse is the CEO of Ripple and not XRP, reaffirming the point that Ripple doesn’t control XRP.
The facts remain clear. XRP has a fixed supply, an open ledger, and a decentralized structure. These points suggest a grounded view of how the system functions today.