{"id":283086,"date":"2022-12-20T16:00:12","date_gmt":"2022-12-20T16:00:12","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=283086"},"modified":"2023-07-05T12:44:38","modified_gmt":"2023-07-05T11:44:38","slug":"vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction\/","title":{"rendered":"Vitalik Buterin says XRP is ‘completely centralized,’ Ripple CTO reacts"},"content":{"rendered":"

Ethereum (ETH<\/a>) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple's XRP<\/a> “was still completely centralized.”<\/p>\n

According to Buterin, for a project to be a part of the crypto space, it needs to use cryptography and have “some kind of chain data structure somewhere.”<\/p>\n

He added that XRP hasn't apologized for writing to the U.S. government that Bitcoin (BTC<\/a>) and Ethereum were Chinese-controlled assets.<\/p>\n

“XRP has not apologized for claiming that Bitcoin and Ethereum are Chinese-controlled.”<\/p><\/blockquote>\n

Ripple CTO reacts<\/h2>\n

In response, Ripple chief technology officer David Schwartz criticized Buterin for not knowing the difference between Ripple and XRP.<\/p>\n

Schwartz tweeted that Buterin “still doesn't understand, or is pretending not to understand, that Ripple is a company and XRP is a digital asset.”<\/p>\n

Meanwhile, this is not the first time that Buterin will draw the ire of the XRP community. Earlier this year, he said<\/a> XRP had lost its right to protection from the crypto community because Ripple claimed China controlled Ethereum.<\/p>\n

Ripple's community alleged that Ethereum got a free pass from the Securities and Exchange Commission(SEC) because of corruption.<\/p>\n

Is Buterin's centralization claims right?<\/h2>\n

The relationship between XRP and Ripple has led to continued allegations from the crypto community that the digital asset is centralized.<\/p>\n

While Ripple is a crypto payment company focused on blockchain technology for institutions, XRP is the native cryptocurrency of the XRP Ledger (XRPL) network. According to its website<\/a>, XRPL is “based on an inherently decentralized, democratic, consensus mechanism \u2014 which no one party can control.”<\/p>\n

Available information also shows that Ripple controls only 4 of the over 130 validators running XRPL.<\/p>\n

Critics also tend to point out that Ripple holds most of the XRP token. However, its recent report stated<\/a> that the firm's XRP holdings have declined below 50% of its total supply. The firm added that each validator on its network “gets one vote regardless of how much XRP they own.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple’s XRP “was still completely centralized.” According to Buterin, for a project to be a part of the crypto space, it needs to use cryptography and have “some kind of chain data structure somewhere.” He added that XRP hasn’t apologized for writing […]<\/p>\n","protected":false},"author":720,"featured_media":313061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[76128,72190,74979,76926,72399],"post_folder":[],"acf":[],"yoast_head":"\nVitalik Buterin says XRP is 'completely centralized,' Ripple CTO reacts<\/title>\n<meta name=\"description\" content=\"Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple's XRP "was still completely centralized."\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vitalik Buterin says XRP is 'completely centralized,' Ripple CTO reacts\" \/>\n<meta property=\"og:description\" content=\"Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple's XRP "was still completely centralized."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-20T16:00:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-05T11:44:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/03\/xrp-pump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/vitalik-buterin-says-xrp-is-completely-centralized-draws-ripple-ctos-reaction\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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