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Ripple’s CTO David Schwartz Drops Truth Bomb: ’We Don’t Control XRP Ledger’

Ripple’s CTO David Schwartz Drops Truth Bomb: ’We Don’t Control XRP Ledger’

Author:
decryptCO
Published:
2025-08-06 18:42:29
18
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Ripple Cannot Control XRP Ledger: CTO David Schwartz

Ripple's Chief Technology Officer David Schwartz just shattered a long-standing myth—the company doesn't hold the reins of the XRP Ledger. In a landscape where centralized control often masquerades as decentralization, Schwartz's admission cuts through the noise.

The XRP Ledger: A Truly Decentralized Beast

Unlike some blockchain projects where founders quietly pull strings (looking at you, 'anonymous' dev teams), the XRP Ledger operates independently of Ripple. Validators—not corporate overlords—keep the network humming. Take that, Wall Street.

Finance Jab of the Day: Maybe banks will finally stop confusing Ripple with XRP... but we won't hold our breath.

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