Researcher Slams XRP as Centralized

utoday02-24 20:28

Crypto researcher Justin Bons has slammed the Ripple-linked XRP Ledger cryptocurrency and several other major networks, arguing that these are "centralized blockchains" that fundamentally betray the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614705808?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-24 20:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614705808","market":"sg","top_or_hot":-1,"title":"Researcher Slams XRP as Centralized","media":"utoday","content":"<div>\n<p>Crypto researcher Justin Bons has slammed the Ripple-linked XRP Ledger cryptocurrency and several other major networks, arguing that these are \"centralized blockchains\" that fundamentally betray the ...</p>\n\n<a href=\"https://u.today/researcher-slams-xrp-as-centralized\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Researcher Slams XRP as Centralized</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nResearcher Slams XRP as Centralized\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-24 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/researcher-slams-xrp-as-centralized><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto researcher Justin Bons has slammed the Ripple-linked XRP Ledger cryptocurrency and several other major networks, arguing that these are \"centralized blockchains\" that fundamentally betray the ...</p>\n\n<a href=\"https://u.today/researcher-slams-xrp-as-centralized\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UNL","symbol_name":"United States 12 Month Natural Gas Fund LP","start_time":0,"source_url":"https://u.today/researcher-slams-xrp-as-centralized","article_id":"2614705808","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/researcher-slams-xrp-as-centralized","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2614705808","pubTimestamp":1771936080,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"Crypto researcher Justin Bons hasslammed the Ripple-linked XRP Ledger cryptocurrency and several other major networks, arguing that these are \"centralized blockchains\" that fundamentally betray the ethos of the crypto movement.Bons argued that the industry must draw a hard line against networks that rely on permissioned elements.\"We must reject all centralized 'blockchains'!\" Bons wrote. \"Centralization is not the future of finance; requiring permission from an authority is not decentralized!\"According to the researcher, credible neutrality, censorship resistance, privacy, and immutability can only be achieved on a fully permissionless and decentralized blockchain.","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"UNL":"United States 12 Month Natural Gas Fund LP","XRP":"Bitwise XRP ETF","UNL.AU":"Unitednetworks"},"translate_title":"研究人员抨击XRP是中心化的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UNL":1,"UNL.AU":1,"XRP":1.5},"content_text":"Crypto researcher Justin Bons has slammed the Ripple-linked XRP Ledger cryptocurrency and several other major networks, arguing that these are \"centralized blockchains\" that fundamentally betray the ethos of the crypto movement.Bons argued that the industry must draw a hard line against networks that rely on permissioned elements.\"We must reject all centralized 'blockchains'!\" Bons wrote. \"Centralization is not the future of finance; requiring permission from an authority is not decentralized!\"The \"permissioned\" listXRPL, Stellar, Hedera, Canton, and Algorand are among the blockchain networks that have been singled out by Bons. He has argued that they rely on \"Proof of Authority,\" which is not true decentralized consensus.XRP has faced particularly harsh criticism due to its controversial \"Unique Node List\" (UNL), which is a recommended list of validators that nodes.\"Ripple: Has a 'Unique Node List', which makes the validators effectively permissioned,\" Bons explained.\"Fooling\" the SEC and retailThe thread sparked immediate backlash from XRP proponents. One user accused Bons of a \"scary twisting of reality\" regarding XRP’s architecture.Bons fired back, claiming that Ripple’s marketing has successfully misled both the public and regulators.\"XRP convincing masses of ignorant retail investors that they are more decentralized than BTC & ETH is the scary reality here,\" Bons retorted. \"Even fooling the SEC & saving their own asses in the process. They cannot fool real crypto researchers; we know the difference!\"According to the researcher, credible neutrality, censorship resistance, privacy, and immutability can only be achieved on a fully permissionless and decentralized blockchain.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614705808","isCrawlerRequest":true}