Ripple director seeks to dispel the ‘centralized banker coin’ myth

Director of Developer Relations at Ripple, Matt Hamilton, set the record straight on XRP and the XRP Ledger.

Before the SEC vs. Ripple lawsuit, the narrative surrounding XRP centered around it not being a “real” cryptocurrency. This is due to several characteristics; chief among them were criticisms over the network’s “closed” centralized nodes.

This resulted in persistent hostility between XRP holders and the rest of the crypto community. Fast forward to now, and while the SEC lawsuit continues to dominate the conversation, the above still lurks in the back of people’s minds.

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