Ripple CTO Details Why XRPL Prevents Any Single Entity from Owning the Chain
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Ripple CTO David Schwartz emphasized that the XRP Ledger (XRPL) was designed for decentralization to prevent control by any single entity. This statement follows criticism from Cyber Capital founder Justin Bons, who labeled XRPL as permissioned and centralized, igniting discussions around the true nature of decentralization in crypto.
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Ripple CTO David Schwartz has said that the XRP Ledger (XRPL) was deliberately designed so that neither the company nor any single entity could control it.
His remarks came hours after Cyber Capital founder Justin Bons argued that XRPL is effectively permissioned and centralized, with the exchange cutting to a long-running debate in crypto over what decentralization actually means and whether validator lists amount to hidden control.
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