Can I ever sell my Ripple account "reserve"...?

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Can I ever sell my Ripple account "reserve"...?

Postby Zeroth » Wed Jun 07, 2017 8:55 pm

Hi everyone,

Whenever I make a Ripple account I have to leave a certain "reserve" in that account. Is there any way this can be recovered? Can I "close" the account to withdraw that final amount? I've been importing some Ripple private keys to GateHub which means a new account is made for every private key and I lose around $8 each time. Or is this unique to online wallets like GateHub? Can I download and sync full wallets to recover the funds?

Thanks,

Zeroth
Zeroth
 
Posts: 2
Joined: Mon May 22, 2017 8:18 am

Re: Can I ever sell my Ripple account "reserve"...?

Postby Sukrim » Wed Jun 07, 2017 9:22 pm

No, this is by design since every one of your accounts needs to be permanently stored. The reserve is in place to discourage this behaviour and to stop spam attacks.

If it could be recovered, it would be easy to create and destroy accounts and spam the ledger with meaningless data.
Sukrim
 
Posts: 1825
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Re: Can I ever sell my Ripple account "reserve"...?

Postby Zeroth » Thu Jun 08, 2017 8:04 am

Okay, that makes sense, thanks for your reply.
Zeroth
 
Posts: 2
Joined: Mon May 22, 2017 8:18 am


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