Crypto News

Clarifications About XRPL Recently, Ripple's Chief Technology Officer (CTO), David Schwartz, addressed some misconceptions and false claims surrounding the XRP Ledger (XRPL). As the XRPL continues to gain popularity and adoption, it's important to clarify some key points. False Claims Schwartz specifically addressed claims that the XRPL is controlled by a small group of validators, therefore making it centralized. He emphasized that the XRPL is a decentralized network with over 150 validators, and no single party has control over the network. This ensures the security and integrity of the ledger. Open and Transparent Another important clarification made by Schwartz is the transparency of the XRPL. He mentioned that all the code for the XRPL is open-source and can be reviewed by anyone. This ensures that the network is constantly evolving and improving, with input from developers and the community. Efficient and Eco-friendly Schwartz also addressed claims about the ...