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

Law of Code

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Is the Network Decentralized?

With most crypto tokens, they'remain sedonymous. And so sure they could be in different wallets. But it's hard to know if it is truly decentralized,. One person doesn't own 51 %, or one group don't own 51%. It's difficult to prove because you can't go round and k y c each wallet. Ripple runs six validators of the hundred n 70, which means ripple controls less than four percent of the network.

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