Ripple Criticized for Centralized Control: XRP Holder Advocates for True Decentralization on XRPL
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 02 2024Criticism of Ripple's Management: An XRP holder has accused Ripple's leadership of prioritizing their own interests over the XRP ecosystem, highlighting projects that benefit the company financially without aiding the community.
Call for Decentralization: The researcher argues that Ripple has centralized control over the XRPL and urges the company to return governance to the community, emphasizing the need for more democratic processes in decision-making.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
