• David Schwartz said that if anyone wants to make a change on XRPL, they can since its decentralized.
• The Ripple executive said that the code that node operators run decides everything and not the firm.
• There is no limit to the changes that a person can make to the XRPL network.

David Schwartz, Chief Technology Officer (CTO) at Ripple, addressed concerns about the company’s influence over the XRP Ledger’s governance. Ripple issues the third-largest digital asset by market capitalization, XRP. In a recent online discussion, Schwartz clarified that Ripple has no involvement in the main governance process of the XRP Ledger (XRPL), which is managed by node operators.

Responding to questions on X, Schwartz explained that the XRPL’s governance relies on the code node operators run. This code dictates the state changes permitted on the network. When a user asked who controls what a code node can or cannot do, Schwartz reiterated that the code itself sets all the rules.

The post Ripple CTO David Schwartz Clears the Air on XRP Ledger Governance appeared first on Coin Edition.

• David Schwartz said that if anyone wants to make a change on XRPL, they can since its decentralized.
• The Ripple executive said that the code that node operators run decides everything and not the firm.
• There is no limit to the changes that a person can make to the XRPL network.

David Schwartz, Chief Technology Officer (CTO) at Ripple, addressed concerns about the company’s influence over the XRP Ledger’s governance. Ripple issues the third-largest digital asset by market capitalization, XRP. In a recent online discussion, Schwartz clarified that Ripple has no involvement in the main governance process of the XRP Ledger (XRPL), which is managed by node operators.

Responding to questions on X, Schwartz explained that the XRPL’s governance relies on the code node operators run. This code dictates the state changes permitted on the network. When a user asked who controls what a code node can or cannot do, Schwartz reiterated that the code itself sets all the rules.

The post Ripple CTO David Schwartz Clears the Air on XRP Ledger Governance appeared first on Coin Edition.