One of the issues casting a shadow on the XRP cryptocurrency is just how decentralized it is. After all, Ripple owns the lion’s share of XRP’s supply and relies on the cryptocurrency to power its cross-border payment products. Ripple CTO David Schwartz, however, insists that the blockchain startup is not pulling the strings on the cryptocurrency. Schwartz participated in a Quora session, saying in response to a question on whether XRP is controlled by Ripple: “Absolutely not. The XRP Ledger is open source technology with a robust community of developers, so if Ripple were to vanish, XRP and the XRP
The post Does Ripple Control XRP? ‘Absolutely Not’, Insists Ripple CTO appeared first on CCN
source https://www.ccn.com/does-ripple-control-xrp-absolutely-not-insists-ripple-cto
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