The XRP community, known as the 'XRP army,' has increasingly voiced its frustrations with Ripple, the company behind the XRP Ledger. A prominent XRP army member, known as Dark Horse, took to the X platform to air his grievances.
Community Criticism
Dark Horse, an active XRP community member, criticized Ripple's leadership, including CEO Brad Garlinghouse, President Monica Long, and CTO David Schwartz, for prioritizing Ripple’s interests over the growth and decentralization of the XRP ecosystem. His lamentations have ignited a heated debate, with a growing number of members calling for a decentralized autonomous organization (DAO) to take control of the XRP ledger.
Controversial Ripple Initiatives
Dark Horse also expressed dissatisfaction with Ripple's initiatives, such as Root Network and OpenEden Tbills, claiming they benefit primarily Ripple and its affiliates rather than the broader XRP community. He asserts that these projects do not positively impact the XRP ecosystem.
Ripple's Influence on the Ecosystem
Beyond specific initiatives, Dark Horse addressed the broader centralized control of the XRP Ledger by Ripple. He argued that Ripple’s influence over the network’s validators and control over ledger amendments have hindered innovation and growth of the ecosystem. As an example, he mentioned Ripple’s resistance to implementing the Hooks amendment designed to introduce smart contract functionality.
In conclusion, the community's grievances continue to fuel active discussions around the governance of the XRP Ledger. While Ripple announces new initiatives and projects, the community insists on greater transparency and decentralization.
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