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#54 - John Deaton on Ripple, Decentralization, XRP and the SEC

Law of Code

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What's the Initial Lawsuit, S C C Versripple?

The lawsuit was filed on December 20, and the first settlement is expected to be announced this week. John Defterios: I think we're in such the beginning stages that people often confuse the two. If some one owns 50 % o biquin, that doesn't really give them much in terms of governing the networkat they can't go out and redo transaction that comes down to the node level. Whereas if they own 51% of the notes, well now you have control over the network largely.

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