Ripple update: Decentralization of XRPL
Historically Ripple has provided XRPL validator operators with a recommended list of validators to follow. XRPL validators have always been able to follow whichever set of validaors they would like to but it is this recommended and default list of trusted validators by ripple that has caused many to say that XRPL is centralized under Ripple’s control because historically Ripple has only recommended its own validators. That is changing as Ripple is now also recommending that XRPL validator operators also follow some independent validators listed here:
https://minivalist.cinn.app
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: cmbartley
Score: 14
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