On Oct. 27, Ripple released its Q3 Markets Report stating that its holdings of XRP have dropped below 50% for the first time.
The company proudly stated that it is becoming more decentralized contrary to what critics have claimed. It said the ownership of XRP is not an indicator that Ripple controls XRP Ledger (XRPL).
“The XRP Ledger (XRPL) uses Federated Byzantine Consensus to validate transactions, add new features and secure the network, which means that each validator node gets one vote regardless of how much XRP they own. Ripple currently operates 4 out of 130+ validator nodes on the XRPL.”
However, the fact remains that a centralized company still holds and controls half of the token supply, which amounts to around 50 billion XRP. In the third quarter, it released 3 billion more XRP out of escrow.
In the latest XRP Markets report, we discuss Ripple’s XRP holdings (now <50% of total supply), the state of global crypto regulation , macroeconomic moves and On-Demand Liquidi
We współpracy z: https://cryptopotato.com/ripple-claims-more-decentralization-as-xrp-holdings-drop-to-50/
