Selling XRP to Retail as Decentralized Is “Straight-Up Fraud”: Cyber Capital Founder

Justin Bons Slams XRP Ledger Over Closed-Source Emergency Code and Validator Control. Cyber Capital founder Justin Bons has renewed his criticism of the XRP Ledger, arguing that the network’s emergency software process exposes what he sees as a deeper centralization problem. His strongest claim is that marketing XRP as decentralized while validators depend on a permissioned list amounts to misleading retail investors. Bons’ criticism centers on xrpld 3.4.1, the emergency release issued on Sept. 25 to address security-sensitive problems in the XRP Ledger software.

Source: The Crypto Basic