Ripple’s David Schwartz Defends XRP Against Claims of Elite Enrichment

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Ripple’s David Schwartz Defends XRP Against Claims of Elite Enrichment
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Ripple CTO David Schwartz has directly addressed and refuted contentious claims surrounding the nature of XRP

exec firmly dismissed the notion that the protocol was created with a design that solely benefits the elite holders. He stressed the universality and accessibility of XRP's applications.

In response to a question about the possibility of XRP being susceptible to hacking by the Department of Homeland Security , Schwartz reflected on the transparency and public nature of the ledger contents and the rules governing XRP. He mentioned, “I'm not sure what a hack of XRP would even mean… Does it mean some change to the ledger contents that doesn't follow the rules?”

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