• Ripple CTO David Schwartz advises users to focus on blockchain utility over decentralization.
• Schwartz clarifies XRP has no issuer & XRP Ledger (XRPL) differs from other blockchains.
• Users should consider their network needs, not just engage in decentralization status debates.

Events of the past week including the CETUS DEX hack on the SUI blockchain has broadened industry discussions beyond the incident itself, reigniting debate on the core nature of decentralization in the blockchain space. 

Against this backdrop, Ripple’s CTO, David Schwartz, seized the opportunity to explain why blockchain users should care less about a network’s decentralization status but concentrate on their expectations from the networks.

In his latest post on X, Schwartz tackled this subject while responding to a blockchain user questioning XRP’s decentralization status. The user asked why Brad Garlinghouse is the face of XRP with Ripple as its issuer, given that XRP is meant to be decentralized; a situation not seen in the case of of Bitcoin (BTC).

The post Ripple CTO David Schwartz on XRP: User Outcomes More Key Than Strict Decentralization Purity appeared first on Coin Edition.

• Ripple CTO David Schwartz advises users to focus on blockchain utility over decentralization.
• Schwartz clarifies XRP has no issuer & XRP Ledger (XRPL) differs from other blockchains.
• Users should consider their network needs, not just engage in decentralization status debates.

Events of the past week including the CETUS DEX hack on the SUI blockchain has broadened industry discussions beyond the incident itself, reigniting debate on the core nature of decentralization in the blockchain space. 

Against this backdrop, Ripple’s CTO, David Schwartz, seized the opportunity to explain why blockchain users should care less about a network’s decentralization status but concentrate on their expectations from the networks.

In his latest post on X, Schwartz tackled this subject while responding to a blockchain user questioning XRP’s decentralization status. The user asked why Brad Garlinghouse is the face of XRP with Ripple as its issuer, given that XRP is meant to be decentralized; a situation not seen in the case of of Bitcoin (BTC).

The post Ripple CTO David Schwartz on XRP: User Outcomes More Key Than Strict Decentralization Purity appeared first on Coin Edition.