XRP’s Centralization Debate Faces a Major Challenge
Asset manager 21Shares has pushed back against one of the long-standing criticisms surrounding $XRP and Ripple’s influence over the XRP Ledger.
According to 21Shares, Ripple operates just one validator among roughly 35 on the default trusted list, while the XRP Ledger has more than 150 validators in total.
Protocol changes also require at least 80% validator agreement, further limiting any single entity’s ability to control the network.
The key takeaway: Ripple’s significant presence in the $XRP ecosystem does not necessarily translate into control over transaction validation.
#RippleLobbiesToAdvanceCLARITYActVote #DowFallsOver600Points
Asset manager 21Shares has pushed back against one of the long-standing criticisms surrounding $XRP and Ripple’s influence over the XRP Ledger.
According to 21Shares, Ripple operates just one validator among roughly 35 on the default trusted list, while the XRP Ledger has more than 150 validators in total.
Protocol changes also require at least 80% validator agreement, further limiting any single entity’s ability to control the network.
The key takeaway: Ripple’s significant presence in the $XRP ecosystem does not necessarily translate into control over transaction validation.
#RippleLobbiesToAdvanceCLARITYActVote #DowFallsOver600Points
