<p class="is-style-lead">David Schwartz, XRPL architect, and current Ripple CTO, has revealed new information on the XRP Ledger&#8217;s governance, emphasizing its decentralized nature.</p>



<h2 class="wp-block-heading" id="xrpl-8217-s-decentralization-questioned">XRPL&#8217;s decentralization questioned</h2>



<p>A recent <a href="https://twitter.com/Digeratis1/status/1661777890839502848" target="_blank" rel="noreferrer noopener">claim</a> surfaced during the debate on the XRP Ledger decentralization, bringing concerns to the community. The discussion revolved around the role of the XRPL foundation (XRPLF) in validating definitions within the default Unique Node List(dUNL), a highly relied-on XRP Ledger nodes list.</p>



<p>Schwartz has <a href="https://twitter.com/JoelKatz/status/1661778797396627458?s=20" target="_blank" rel="noreferrer noopener">responded</a> to these claims. He highlighted that XRPLF does not have the authority to dictate the validators on the ledger. In addition, he pointed out the decentralization stating that the foundation could have such powers; he wouldn&#8217;t get to argue in favor of the XRPL decentralization. Meanwhile, he highlighted that individuals were not obligated to abide by their decisions if they disagreed.</p>



<p>If there were actual disputes concerning the network&#8217;s governance, parties interested would have to develop their code enforcing their preferred stance. Notably, this flexibility is at the XRP Ledger design&#8217;s core, allowing dUNL changing with just a simple one-line alteration.&nbsp;</p>



<p>Currently, most UNL providers follow the Foundation&#8217;s recommendations since there are no significant governance disputes.</p>



<div class="cn-block-related-link">

    <svg class="cn-block-related-link__icon icon" aria-hidden="true">
        <use xlink:href="#icon-bookmark"></use>
    </svg>

    
        <span class="cn-block-related-link__prefix">
            You might also like:
        </span>

    
    
        <a href="https://crypto.news/xrp-ledger-records-significant-growth-in-the-first-quarter/" class="cn-block-related-link__link">
            XRP Ledger records significant growth in Q1        </a>

    
</div>


<h2 class="wp-block-heading" id="validators-have-no-control">Validators have no control</h2>



<p>Schwartz also noted that XRPL validators had no meaningful decision-making authority or control. In addition, they do not receive any financial compensation, which lowes conflict unless rules bring disagreements.</p>



<p>Even though the concerns were on the centralization of the blockchain, given the predominance of Ripple and XRPL Foundation validators in the dUNL, Schwartz has debunked the theory saying that the influence isn&#8217;t absolute.</p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="What Is XRP Ledger (XRPL)?  Explained for Beginners" width="1020" height="574" src="https://www.youtube.com/embed/uCbQIiMfaMU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div></figure>



<div class="cn-block-related-link">

    <svg class="cn-block-related-link__icon icon" aria-hidden="true">
        <use xlink:href="#icon-bookmark"></use>
    </svg>

    
        <span class="cn-block-related-link__prefix">
            Read more:
        </span>

    
    
        <a href="https://crypto.news/deposit-suspensions-hit-bridged-tokens-pending-multichain-teams-clarification/" class="cn-block-related-link__link">
            Deposit suspensions hit bridged tokens pending multichain team’s clarification        </a>

    
</div>

Ripple CTO debunks claims on XRP Ledger’s governance

目錄

crypto.news

在 2023年5月26日發表的其他文章

The Number of $ETH on Exchanges Hits a Low Not Seen Since July 2016

Butane Network: A New Era of Blockchain Technology Fueled by AI and Investor Confidence

Crypto Data Aggregator Ranks Top 10 Metaverse Coins by MCAP; ICP Leads

Dusk Network Invests $50,000 In Outdid To Spur Self-Sovereign Identification

Hoskinson Provides Update on CIP 1694, Launch of Grant and RFP Program

Visa and Microsoft join forces for Brazilian CBDC pilot project

訂閱免費電子報，每天收取加密貨幣最新動態！