There has been a lot of back and forth recently about Ripple and XRP Ledger, with people questioning how decentralized it really is. Blockchain researcher Justin Bons has accused XRP of being centralized and permissioned, with criticism focusing on its reliance on Unique Node Lists (UNLs). Bons said this design is basically based on proof of authority (PoA), which he thinks is a bad idea compared to the trustless frameworks of proof of work (PoW) and proof of stake (PoS).
Centralized or Unique? Ripple CTO Defends XRP Design Amid Criticism
There has been a lot of back and forth recently about Ripple and XRP Ledger, with people questioning how decentralized it really is. Blockchain researcher Justin Bons has accused XRP of being centralized and permissioned, with criticism focusing on its reliance on Unique Node Lists (UNLs). Bons said this design is basically based on proof of authority (PoA), which he thinks is a bad idea compared to the trustless frameworks of proof of work (PoW) and proof of stake (PoS).