Ripple's escrow is set to release up to 1 billion $XRP on November 1, and I want to explain it for beginners. Escrow means tokens are locked and released on a schedule. Ripple has done this for years to make supply predictable. The twist is that a large part is usually locked again, so the net new supply can be much smaller than the headline. One report puts the number to watch near 300 million XRP, about $393 million. XRP trades near $1.31 today. I focus on net supply, not scary headline numbers.