Ripple CTO Emeritus Fires Back at XRP Ledger Centralization Claims
David Schwartz, Ripple's CTO Emeritus, refuted claims by Justin Bons, founder of Cyber Capital, that the XRP Ledger (XRPL) is centralized due to its Unique Node List (UNL) structure. Bons argued that the UNL grants Ripple "absolute power and control," making validators permissioned. Schwartz countered that the UNL does not enable censorship or double-spending, as validators cannot force dishonest actions on individual nodes. He explained that a malicious validator would simply be ignored by honest nodes, comparing a potential attack to a chain halt rather than a security breach. Schwartz emphasized that XRPL was intentionally designed to limit Ripple's control, even under legal pressure, and that abusing power would destroy trust in the network. He also contrasted XRPL's record with Bitcoin and Ethereum, claiming no history of transaction censorship or malicious re-ordering on XRPL.
bitcoinist02/26 01:02