Ripple’s CTO Addresses Decentralization, Sparking Crypto Debate

In the evolving cryptocurrency landscape, XRP and Bitcoin remain a subject of debate, especially as former US President Donald Trump introduces his crypto reserve plans. Ripple’s Chief Technology Officer (CTO), David Schwartz, weighed in on the matter by emphasizing the decentralization of the XRP Ledger (XRPL). According to Schwartz, XRP is distinct from other blockchains due to its lack of an issuer and emphasizes that the company’s operations are separate from XRPL’s functioning. He stressed that Ripple’s structure promotes independence, stating that the XRP Ledger operates autonomously thanks to its inherent design.