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Ripple CTO David Schwartz Addresses Claims of an Existing XRP Issuer

  • Ripple's CTO, David Schwartz, addressed concerns about the existence of an XRP issuer and the decentralization of the coin.
  • Schwartz clarified that XRP has no issuer, and all XRP tokens were created during the launch of the Ripple ledger.
  • He explained that XRPL, the decentralized public blockchain ledger, was not designed for network rivalry but only enables XRP withdrawals.
  • Schwartz urged critics to highlight concerns regarding decentralization and assess measures to prevent potential security risks.

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