💧 Ripple does not control XRP Ledger – David Schwartz
- The company has no control over the XRP Ledger blockchain and cannot censor transactions, whether internally or externally.
- Ripple operates only ~1% of validators in the network (out of 186), while the rest are independent operators.
- Any changes require approval from 80% of validators.
- Ripple has no secret mechanism to control XRP Ledger—the entire source code is open and transparent.
- Although Ripple actively participates in the XRP Ledger ecosystem (e.g., partnerships), the network itself remains decentralized.
