Ripple CTO Defends XRP Ledger’s Decentralized Governance Amid Concerns

Ripple’s Chief Technology Officer (CTO), David Schwartz, has defended the XRP Ledger’s governance model in response to growing concerns about potential centralization. He points out that the XRPL boasts over 1,000 nodes and 100 validators operating independently from Ripple, mirroring models seen in Bitcoin and Ethereum. This decentralization, according to Schwartz, offers stability by ensuring transparent and resilient decision-making processes.