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Ripple CTO clarifies XRP token does not control XRPL consensus mechanism.

Protocol Fundamentals
13 May 2026
UToday
View Source
Neutral
pluang ai news

David Schwartz, Ripple's former CTO, clarified that XRP is not used to secure consensus on the XRP Ledger (XRPL). Unlike proof of stake systems, XRP does not influence consensus because using it would centralize control with Ripple. Instead, XRPL relies on validators chosen by network participants, promoting decentralization without financial incentives. Schwartz argues that artificial rewards harm network reliability and that natural incentives are best for blockchain consensus.

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