Ripple Doesn’t Control XRP? John Deaton Says It’s Decentralized
The post Ripple Does not Manage XRP? John Deaton States It’s Decentralized appeared on BitcoinEthereumNews.com. The post Ripple Doesn’t Manage XRP? John Deaton Says It’s Decentralized appeared first on Coinpedia Fintech News As the United States moves forward with clearer cryptocurrency policies, among the most debated subjects– Is XRP centralized?– is finally finding resolution. Many critics have long argued that Ripple’s control over a large portion of XRP supply makes it centralized. However, current legal results and technical realities prove otherwise. Why Individuals Think XRP Is Central The confusion largely stems from Ripple holding around 40% of the total XRP supply. This has led many to think Ripple manages the network. However, this is a misunderstanding of how XRP works. On June 26, popular crypto attorney John E. Deaton addressed this on X (formerly Twitter), stating: “75K XRP holders from 143 countries around the world is pretty darn decentralized to me. People often conflate the token of the network with the network itself.” He clarified that owning a lot of tokens does not equate to controlling the protocol. Ripple’s Legal Win Clarifies XRP’s Status The argument around XRP’s centralization intensified due to the SEC lawsuit that began in 2020, accusing Ripple of offering XRP as an unregistered security. After nearly five years of legal proceedings, the case officially concluded on May 8, 2025, with Ripple winning a favorable outcome and paying only a reduced penalty. Importantly, the court confirmed that XRP is not a security when traded in secondary markets, enhancing its status as a decentralized digital asset. This decision provided legal clarity and increased investor confidence. Why XRP Is Technically Decentralized Beyond legal clarity and community ownership, several technical aspects of the XRP Ledger support its decentralized nature: 1. Independent Validators The XRP Ledger operates on a consensus model with over 150 independent validators. Ripple controls only one validator, implying it cannot…
Why People Believe XRP Is Central The confusion largely stems from Ripple holding around 40% of the total XRP supply. Ripple’s Legal Win Clarifies XRP’s Status The argument around XRP’s centralization intensified due to the SEC lawsuit that began in 2020, accusing Ripple of offering XRP as an unregistered security. Why XRP Is Technically Decentralized Beyond legal clarity and community ownership, a number of technical elements of the XRP Ledger support its decentralized nature: 1.
The post Ripple Does not Control XRP? John Deaton States It’s Decentralized appeared initially on Coinpedia Fintech News As the United States moves on with clearer cryptocurrency policies, one of the most debated topics– Is XRP centralized?– is finally finding resolution. Many critics have long argued that Ripple’s control over a large portion of XRP supply makes it centralized. Current legal results and technical facts prove otherwise. Why Individuals Believe XRP Is Centralized The confusion largely originates from Ripple holding around 40% of the total XRP supply. This has led many to think Ripple controls the network. This is a misconception of how XRP works. On June 26, popular crypto attorney John E. Deaton addressed this on X (previously Twitter), stating: “75K XRP holders from 143 countries around the globe is pretty darn decentralized to me. People often conflate the token of the network with the network itself.” He clarified that owning a large number of tokens does not equal controlling the process. Ripple’s Legal Win Clarifies XRP’s Status The argument around XRP’s centralization intensified due to the SEC lawsuit that began in 2020, accusing Ripple of offering XRP as an unregistered security. After nearly 5 years of legal proceedings, the case officially concluded on May 8, 2025, with Ripple winning a favorable outcome and paying only a reduced charge. Importantly, the court confirmed that XRP is not a security when sold secondary markets, reinforcing its status as a decentralized digital asset. This decision provided legal clarity and increased investor confidence. Why XRP Is Technically Decentralized Beyond legal clarity and community ownership, several technical elements of the XRP Ledger support its decentralized nature: 1. Independent Validators The XRP Ledger operates on a consensus model with over 150 independent validators. Ripple controls only one validator, implying it cannot force changes or control the network. 2. No Centralized Mining XRP does not use proof-of-work like Bitcoin or Ethereum. This prevents control by mining pools and ensures equal participation from validators. 3. 80% Consensus Required for Changes Any update to the XRP Ledger must obtain 80% validator approval for 2 consecutive weeks. This stringent requirement makes unilateral control by Ripple impossible. [post_titles_links postid=” 475091 ′ ′] Ripple CEO: Energy Over Ideology Even Brad Garlinghouse, CEO of Ripple, recently argued that decentralization should not be the only benchmark. He emphasized that what matters is the energy, transparency, and security of the network– not just ideology. While Ripple does hold a significant amount of XRP, it has no control over the XRP Ledger’s rules or validation process. That power lies with a diverse and global community. Last Thought The enduring debate over XRP’s centralization is finally settling, thanks to facts, legal clarity, and growing international participation. With 75,000 XRP holders across 143 countries, over 150 validators, and a network that requires consensus for change, XRP is proving itself to be a decentralized asset at its core. Ripple may be the face of XRP, but it is not the hand behind the curtain. [article_inside_subscriber_shortcode title=” Never Miss a Beat in the Crypto World!” description=” Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=” News” category_id=” 6 ′ ′] FAQs No. Despite Ripple’s initial large holdings, the XRP Ledger is technically decentralized, with over 150 independent validators and a strict 80% consensus required for network changes. The SEC lawsuit concluded with a ruling that XRP is not a security when traded in secondary markets, legally reinforcing its status as a decentralized digital asset. Ripple is the face behind XRP’s development and utility, but it has no control over the XRP Ledger’s rules or validation process, which is governed by a diverse, global community. Source: https://coinpedia.org/news/ripple-doesnt-control-xrp-john-deaton-says-its-decentralized/
