Pundit Breaks Down The XRP Ledger: What To Know About How It Works

A lively discussion about XRP’s true purpose and utility erupted on X after prominent crypto analyst Scott Melker posed a sincere question to his 1 million followers: what exactly is the current pitch for XRP? The token itself, not Ripple the company.

His inquiry attracted different responses from both supporters and industry commentators on detailed explanations of how the XRP Ledger functions and what role XRP plays within it. The conversation drew in notable voices, including Santiago Velez and David Schwartz, Ripple’s Chief Technology Officer.

How The XRP Ledger Works And The Role Of Rippling

In his detailed response , crypto commentator Santiago Velez explained that XRP serves several foundational functions within the Ledger. At its core, the Ledger uses the token to preve