The XRP Ledger is making strides in enhancing its consensus mechanism to combat censorship, ensuring a more transparent and accountable network for its users. The source notes that this innovative approach sets it apart from traditional proof-of-work systems, which can be susceptible to transaction delays and exclusions.
Role of Validators in the XRP Ledger
In the XRP Ledger, validators play a crucial role in maintaining the integrity of the network. Unlike miners in proof-of-work systems, these validators operate under a model that allows for the observation and verification of their voting behavior. Each validator issues signed statements that detail their actions, making any attempts at censorship not only detectable but also provable.
Transparency and Accountability
This transparency empowers users to hold validators accountable for their actions, fostering a more democratic environment within the network. As a result, no single entity can manipulate the outcomes of transactions without being exposed. This reinforces the XRP Ledger's commitment to a fair and open financial ecosystem.
