From 793376e0ee19a5857c5bfc035721f9ef1d05ca6e Mon Sep 17 00:00:00 2001 From: Ryan Young Date: Tue, 3 Jul 2018 14:36:20 -0700 Subject: [PATCH] emphasize no one can freeze XRP --- content/concepts/issued-currencies/freezes.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/content/concepts/issued-currencies/freezes.md b/content/concepts/issued-currencies/freezes.md index a4c78ffccb..803b9184ab 100644 --- a/content/concepts/issued-currencies/freezes.md +++ b/content/concepts/issued-currencies/freezes.md @@ -1,6 +1,6 @@ # Freezing Issued Currencies -XRP is not an issued currency. XRP is the only native asset on the XRP Ledger and is required in order to conduct transactions on the XRP Ledger. XRP is counterparty free, meaning that when someone holds XRP, they are not holding a liability, they are holding the actual currency, XRP. Due to this fact, XRP CANNOT be frozen by any entity or individual. +XRP is not an issued currency. XRP is the only native asset on the XRP Ledger and is required in order to conduct transactions on the XRP Ledger. XRP is counterparty free, meaning that when someone holds XRP, they are not holding a liability, they are holding the actual currency, XRP. Due to this fact, _**XRP CANNOT be frozen by any entity or individual**_. All non-XRP currencies can be represented in the XRP Ledger as issued currencies. These issued currencies (sometimes called "issuances" or "IOUs") are tracked in accounting relationships, called "trust lines," between addresses. Issued currencies are typically considered as liabilities from one perspective and assets from the other, so the balance of a trust line is negative or positive depending on which side you view it from. Any address may freely issue (non-XRP) currencies, limited only by how much other addresses are willing to hold.