At TechCrunch Disrupt, Ripple CEO Brad Garlinghouse is comparing cryptocurrency to Yahoo in the era when he wrote his once-famous Peanut Butter Manifesto. Https://t.co/Sr1VPe2KYM pic.twitter.com/VfY8zodaRe
– Harry McCracken (@ harrymccracken) September 5, 2018
Ripple CEO, Brad Garlinghouse, on the 5th conference held on this 5th, found that the XRP argued that it was centralized, that the currency was more non-centralized than Bitcoin .
Mike Butcher, a reporter at TechChrunch hosting the conference, took up the criticism of centralization that XRP faces. He pointed out that Ripple is publishing XRP in advance (Premain system) and having partnerships with megabanks etc will impair the non-centralized power that is an advantage of distributed networks did.
For this discussion Brad Garlinghouse argued that XRP is a network to meet the needs of distributed network dissemination .
While Ripple holds 7% of all nodes of XRP, Chinese minor accounts for more than 50% in Bitcoins, claiming that ripple is more non-centralized than Bitcoin Did.
Furthermore, the story that “ripple has authority to cancel transaction” is also a comment on “it is a misunderstanding” .
Article Source: Ripple CEO: XRP Ledger Is Much More Decentralized Than The Bitcoin Blockchain
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/ripple-ceo-believes-xrp-is-more-decentralised-than-bitcoin/
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