The XRP Ledger has long been praised for its censorship-resistant consensus model, a foundation upon which the first decentralized cryptocurrency exchange was built. This technology was highlighted by VET, a validator on the XRP Ledger who emphasized how it provides transparency and accountability that other blockchain systems lack. In 2018, David Schwartz, Chief Technology Officer at Ripple, explained this concept in detail, showcasing how soft censorship – the intentional exclusion or delay of legitimate transactions – operates differently across various blockchain models. While such behavior is inherent in proof-of-work systems like Bitcoin due to their competitive mining structure, the XRP Ledger allows for it only if network participants collectively choose to accept such behavior. Blockchain technology has advanced significantly but this difference continues to be a defining characteristic of the XRP Ledger. This system can be traced back to its early beginnings and is an integral part of its use cases today. The transparency of the XRP Ledger’s consensus mechanism allows users to monitor for any attempts at manipulating the network. This feature not only deters malicious activity but also strengthens user trust in decentralized exchanges, as they know transactions are being processed without undue interference. The article emphasizes that the XRP Ledger’s resistance to censorship is essential for applications like decentralized trading and payments. The consensus model is complex, but the core idea is simple: it allows for a highly resistant network, capable of providing reliable and secure transaction processing in a censorship-resistant manner. This technology has been instrumental in the development of early successful decentralized exchanges. The text continues…