Ripple update: ELI5: Why does Ripple have the reputation of being centralized?
I love Ripple but i’m not super familiar with the fine details and am hodling a couple of bags of XRP and see a lot of Ripple-shaming about it not being decentralized, especially after this recent Coinbase announcement.
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.
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