Ripple at a Crossroads: Recent Events Prompt Consideration of Decentralization
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Ripple originally aimed to replace SWIFT for cross-border payments, offering faster transfers and lower fees.
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Ripple's centralized structure enabled swift transactions but limited wider crypto community engagement.
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A closed system prevented Ripple from building an indispensable foundational layer like other protocols.
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Ripple could share value by transitioning to an open platform that engages a community.
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Recent legal developments give Ripple an opportunity to chart a new decentralized course.
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