The recent activation of the AMMClawback amendment on the XRP Ledger has sparked a discussion about the network's decentralization. The amendment allows tokens with clawback features to trade in AMM pools, which has been seen as a boost to liquidity for XRP and RLUSD on the XRPL DEX. Some argue that this amendment makes the network centralized, but others, including prominent figures in the XRP community, disagree. They state that the feature does not affect XRP itself or the decentralized consensus mechanism that governs the network. They explain that decentralization means participants have the freedom to create tokenized assets with specific features, and the clawback feature does not give central control over the entire XRPL network. It only applies to specific issued tokens and does not alter the decentralized voting mechanism that determines changes to the ledger. The XRPL remains decentralized because no single entity controls the network, and the amendment followed the XRPL's decentralized governance model.
Content Editor ( thecryptobasic.com )
- 2025-02-01
Does the Recent AMMClawback Make XRP Ledger Centralized? Here are the Facts
