Who Owns XRP Ledger? Hint: It’s Not Ripple
XRP has always been subject to claims of centralization by Ripple. The payment company, however, has always rejected this claim, citing the open-source and decentralized nature of the XRP Ledger. Recent court documents have provided clarity on the confusion to clear doubts about XRP’s centralization. Who Owns The XRP Ledger? A federal judge in the […]
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Earthport, known for its extensive payment network for cross-border transactions and robust ACH infrastructure, has created the world’s first Distributed Ledger Hub (DLH). The DLH service is accessed through Earthport’s Distributed Ledger Gateway, previously announced in August of 2015, and will provide full connectivity to the Ripple ecosystem, including Ripple instances, Ripple market makers, and eventually other Distributed Ledgers. Ripple had a big year in 2015. They added $32M to the war chest, created a partnership with Western Union, contributed a team member to a Fed committee, and....
Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise […]
It began with nine CGI employees holed up at Ripple's San Francisco headquarters. Spread out in two separate rooms, the team of engineers, developers, architects, testers and analysts worked side-by-side with the distributed ledger startup's staff for a week to integrate Ripple's DLT solutions into its infrastructure. And that was just the beginning of work that culminated at Sibos with the launch of CGI's new Ripple validator node. Revealed on Tuesday in Geneva, the validator node gives the $14.1bn company a firsthand look into how a live distributed ledger network operates, offering a....
Ripple Labs shortened its name to Ripple this week, a move which according to company officials, signals its products are now "out of the lab" and ready for use. Long one of the more well-funded startups in industry, Ripple was arguably the first to focus on use cases for distributed ledgers, introducing an alternative ledger that deviated from bitcoin's method for consensus and featured its own unique digital currency, XRP, as early as 2012. Since then, Ripple has increasingly put forth in its public messaging that it is seeking to realize an "Internet of Value", a term that denotes a....
In a bid to bolster trust and safety, Ripple’s developer arm, RippleX, has proposed a significant amendment to the XRP Ledger (XRPL). The feature, aptly named “Clawback,” is designed to provide issuers with enhanced control over their distributed assets, addressing both regulatory requirements and unforeseen challenges. Understanding The Clawback Feature By Ripple Shawn Xie, representing […]