Crypto Expert Is Ready to Fork XRP: “You’ll Get 1-1 Coin Backing on the New Chain”

In a recent post, well-known crypto commentator Crypto Bitlord proposed creating a fork of XRP. The idea immediately sparked speculation around the future of the asset.

His proposal outlined a one-to-one coin backing on a new chain, while also suggesting that exchanges, founders, and whales should be excluded from the airdrop to create a more equitable distribution. 100% we are forking $XRP -You’ll get 1-1 coin backing on the new chain Exchanges, founders and whales should be removed from the airdrop to make it fair.

Anything else we are missing? — Crypto Bitlord (@crypto_bitlord7) August 30, 2025 Understanding the Concept of Forking Forking in blockchain refers to the process of creating a new chain from an existing one, often by modifying rules or governance structures.

It can be implemented as a hard fork , which fundamentally alters the blockchain and creates a separate network, or as a soft fork, which makes backward-compatible changes. A fork usually emerges when a community or a segment of stakeholders believes there are limitations in the existing system or sees an opportunity for improvement.

In the context of XRP, a fork would generate a new ledger with tokens distributed in line with the rules set by the fork’s creators. Crypto Bitlord emphasized fairness as a key principle.

By calling for the removal of large holders such as exchanges and whales from the airdrop, the proposal suggests a redistribution that could reduce concentration and promote broader participation, as XRP often has significant whale activity . Potential Benefits for XRP Although controversial, a fork could offer several possible benefits to XRP and its ecosystem.

One argument is that a new chain could test features that the existing network may not currently prioritize, such as alternative governance or supply mechanics. The proposal to exclude large players from early allocation may encourage grassroots adoption and appeal to retail holders who often feel overshadowed by institutional influence .

Additionally, a fork that succeeds in addressing perceived limitations could generate new demand while still maintaining a symbolic connection to the established XRP brand. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Perspectives The discussion following the announcement reflected a range of views.

Some community members questioned the seriousness of the plan. Some reactions were more critical, pointing to what they view as XRP’s core strength.

One user argued that the token’s value has always been tied to adoption by international banking networks , describing it as a project fundamentally supported by a global financial apparatus. From this perspective, a forked version without that backing would amount to “an empty shell without any serious use case.

” However, Ripple CTO David Schwartz recently explained the drawbacks of leaning on Bank partnerships , suggesting an alternative model. Crypto Bitlord intends to cut out founders, too, so the project will likely be community-driven without Ripple’s involvement, and may cause divisions among the XRP army.

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