Ripple’s XRP Ledger: Decenterization Debate Explained

In a recent statement, David Schwartz, Chief Technology Officer of Ripple and architect of the XRP Ledger (XRPL), clarified the decentralized nature of the network. Addressing ongoing debates on XRP’s decentralization, he emphasized that XRP is not issued by Ripple but was created along with the XRPL. Unlike other blockchains, the XRPL’s total supply was locked in its inception, eliminating post-launch token issuance mechanisms.