Amid continuous discussions on decentralization in Professor XRP (XRPL), Ripple CTO David Schwartz recently weighs an interesting perspective that challenges the misconceptions of critics.
X user claimed that Ripple maintains a central axis to control XRPL. In response, Schwartz made an exciting assumption to show the Ripple approach to governance and influence the Professor’s notebook.
Schwartz He asked his X followers to think about any realistic virtual: “Imagine a large group of XRPL users and developers who want to add privacy features to the XRPL that Ripple believes may harm its commercial interests.” Ask a punk question: “What will happen? Do you think you know that because I do not do it.” However, Schwartz highlights the uncertainty in any central ecosystem, as various stakeholders may have conflicting priorities.
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Instead of practicing direct control, Schwartz explained that the Ripple strategy depends on persuasion. “But I can tell you one thing: two of the tools that Ripple uses will use more than people convincing that XRPL is better for everyone without these features and persuade people that at least in this case, what is good for Ripple for XRPL.”
Decentralization continues
Not convinced of this interpretation, the X user asked whether Ripple recommends the adoption of Unl, that he might create a central system.
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Schwartz answered that to solve the problem of double spending – the primary challenge of any digital payment network – it is necessary to a level of scarcity among auditors: “Because to solve the problem of double spending, you need something rare. Otherwise, there will be no way you know when you reached a consensus of opinions .
As illegal, any changes must be approved on the Professor XRP book that affects the processing of transactions or its unanimity by 80 % of the network. Ripple contributes to the network, but its rights are the same other shareholders. Regarding health verification, the network contains more than 150 health, with more than 35 in the list of the unique virtual node; Ripple runs only one of this contract.
Another distinctive feature of the LEDGER XRP network is that it is chosen. Each participant, directly or indirectly, chooses Unl. If Ripple stops operations, the participants can transfer UNLS to a list of a different publisher.
