in

Ripple takes a step towards decentralization as it sees a significant fall in its dUNL

Ripple is undoubtedly one of the largest firms in the cryptospace today. The San Francisco-based exchange has been stung by a lot of criticism recently, despite repeated attempts by the Brad Garlinghouse-led team to disambiguate centralization claims of its cryptocurrency, XRP. A lot has been argued about its consensus protocol, the most recent one being on the issue of Ripple’s validators.

Ripple’s bone of contention has been the transactions on its network that need to be verified by the list of approved unique nodes. However, in Ripple’s latest effort towards decentralization, the San Francisco-based firm has reduced its default Unique Nodes List [dUNL], a ratio which currently stands at 21.2%.

Source: Mini Validator List

There are 33 validators in the dUNL; out…

What do you think?

0 points
Upvote Downvote

EU Members Adopt Tougher Crypto Rules Than AML Directive Requires

This Cryptocurrency Plunged 62% After SEC Files Emergency Lawsuit