The public acknowledgment by Charles Hoskinson, who described the XRPL architecture as "very elegant," sparked new debates about the network's actual decentralization. Ripple CTO Emeritus David Schwartz stepped into the discussion to explain how the ledger protects itself from covert capture by large corporations.
Schwartz points to a classic paradox - in cryptocurrencies, capital usually rules. Large corporations can afford expensive hardware and entire engineering teams, which is why their nodes and validators operate flawlessly and without interruptions.
How XRPL stops big tech from buying out the network
According to Schwartz, if the creators of $XRP Ledger had focused only on achieving perfect technical stability, the network would have quickly fallen under the full control of a handful of IT giants. To prevent that outcome, Schwartz insists on attracting a large number of ordinary independent participants from different regions.
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