- Panos Mekras, Chaef of Anodos Finance, highlights the decentralization and robust security functions of XRPL.
- The technological advances of XRP Ledger promote the acceptance of Defi and institutional use.
The XRP Ledger (XRPL) continues to beat waves in the ecosystem of cryptocurrencies, with many developments highlighting its technological decentralization and security. The co -founder of Anodos Finance recently divided his thoughts on the decentralization of XRP and the strengths of XRPL on X.
No matter what someone tells you (especially BTC maxis), facts cannot change. And here are some facts:
XRP is decentralized
â Panos
{X}
(@panosmek) March 19, 2025
These statements bring more clarity into the growing discussion about the unique position of XRP in the blockchain area. Mecras emphasized functions such as tokenization, native price oracles and robust security that distinguish the network from others. At the time of the creation of this article, the current price of XRP is included $ 2.37, with a slight increase of 0.41 % in the last 24 hours.
XRP: decentralization and security
Mecras spoke about decentralization and said that XRP was decentralized even though the Bitcoin hardliners claim something else. He pointed out that the XRP Ledger has a consensus mechanism independent of the central control. This means that XRP is decentralized, but many question this property. In addition, XRPL has system -owned functions that reduce the risks compared to other current blockchains and make them one of the safest blockchains.
XRPL has several independent consensus mechanisms that contribute to its security and company.
A decentralized identity management was recently introduced, which set a standard for independent identity control and AML/KYC compliance-CNF reported. This increases the value of the XRPL infrastructure and makes it an excellent choice for companies that are looking for safe and compliant blockchain solutions.
Technological progress and institutional use
The XRP Ledger was also a pioneer in the introduction New concepts that drive the introduction of decentralized finances (Defi). One of them is the RWA tokenization. XRPL is one of the first blockchain networks that has its own applications for tokenized assets that are becoming increasingly important for the crosschain management of assets.
How CNF reportedRipple drives the limits of the institutional takeover. Ripple President Monica Long recently mentioned the RLUSD stable in this context. It is optimistic about stablecoin payments and expects more than just a single breakthrough this year. Staticcoin and XRP will increase liquidity and efficiency in international payments, which Ripple has already achieved with financial institutions such as HSBC and DBS.
Rippleâs focus on the expansion of its custody services consolidates its position as a leading provider of blockchain conveyor for financial institutions. The takeover The crypto-custody provider Metaco in 2023 fits the goal of the company to use the $ 20 trillion chance in the global market. In addition, the update XRPL 2.4 includes performance improvements and several new functions, including dynamic NFTs.
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