Ripple CTO David Schwartz Clears the Air on XRP Ledger Governance

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Ripple CTO David Schwartz Defends XRP Ledger's Decentralization
  • David Schwartz said that if anyone wants to make a change on XRPL, they can since its decentralized.
  • The Ripple executive said that the code that node operators run decides everything and not the firm.
  • There is no limit to the changes that a person can make to the XRPL network.

David Schwartz, Chief Technology Officer (CTO) at Ripple, addressed concerns about the company’s influence over the XRP Ledger’s governance. Ripple issues the third-largest digital asset by market capitalization, XRP. In a recent online discussion, Schwartz clarified that Ripple has no involvement in the main governance process of the XRP Ledger (XRPL), which is managed by node operators.

Responding to questions on X, Schwartz explained that the XRPL’s governance relies on the code node operators run. This code dictates the state changes permitted on the network. When a user asked who controls what a code node can or cannot do, Schwartz reiterated that the code itself sets all the rules.

Related: Ripple Gains Regulatory Nod in NY and Texas for Payments

As previously covered, some community members accused Ripple of removing certain features, called “hooks,” from the XRPL blockchain. Schwartz responded, saying that hooks were deemed too risky for the network and were therefore taken out. This discussion then led to broader questions about the XRP Ledger’s decentralization. On this, Schwartz stated: “For all decentralized layer one blockchains, the rules are set and enforced by the code. You can essentially modify the code to allow or prohibit anything.

Ripple CTO Details Three Key Aspects of XRPL Code

To further illustrate the decentralized nature of the XRPL, Schwartz emphasized that it operates similarly to other layer 1 blockchains. Anyone wanting to alter a system rule can write code and use the protocol as they see fit. In short, the Ripple executive maintained that the XRPL is a decentralized blockchain, and Ripple does not hold any special control.

Related: Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile

Finally, Schwartz highlighted three attributes of the code. First, it’s open-source and free of legal restrictions, meaning anyone can modify it. Second, no one can be forced to run code they disagree with. Third, there’s nothing stopping anyone from creating a fork of the network.

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