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

Law of Code

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I Own More Bit Coin Than Ripple, Right?

Although ripple owns 50 some %, if 80% on the network saidyo, burn it, that could be accomplished. Ripple actually a propose an amendment on the x r p ledger, and for two years it was vetoed. So you can't say they control the network, because they don't. And like i said already, the people may conflate those two whill rip owns 50 %, therefore it centralized. No, the network is not centralized.

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