One of the most common lines of attack against XRP (XRP) is that it is heavily centralized, and that’s it’s not a true cryptocurrency. In spite of this, it continues to grow in adoption, relative to the supposedly more decentralized cryptos. So what’s makes it tick? Well, it all boils down, to how it’s really built, and the fact that the “XRP is not decentralized” chorus isn’t exactly accurate. If anything XRP (XRP) had the vision of mass-adoption built-in from the get go.

The built-in mass adoption capabilities

One of the key reasons why XRP is gaining in adoption not just in the banking sector, but also as a base currency in exchanges is due to its practicality. It is fast, low cost and highly secure. It achieves this because from the very beginning, XRP was built for real-life usage, and at scale. According to David Schwartz, XRP is able to scale without increasing costs because it uses validators instead of miners.

XRP also has in its architecture a system that regulates fees, to ensure that costs never hurt its usability as a currency. This aspect to XRP gives a massive edge over proof-of-work coins, where miners have the incentive to keep transaction costs high for them to maintain their profitability.  This goes to show that from the very beginning, XRP was built with a well thought out vision of usability at a global level, with millions of transactions taking place regularly and without an impact on the network.

The centralization question

The use of validators in XRP has always been the subject of FUD that it is a centralized coin. However, XRP validators are a global network, and ripple only has control over 10 validators out of a total of 150. Since any changes on XRP requires an 80% consensus, it then follows that ripple actually has very little control over XRP, contrary to what most people believe. If anything, ripple has less control over XRP than Bitmain has over bitcoin’s hash power.

The future

In essence, with its architecture that is built for usability in business, XRP will without a doubt continue to gain in adoption. The finance industry is already going big on XRP and leveraging its power in facilitating cross-border transfers. It won’t be long before XRP becomes the standard in banking, and take over a $20 trillion plus market.  Over time it will become the standard for everyday business too, as merchants begin to adopt it for its usability.

For XRP (XRP) investors, this only means that XRP is here for the long-haul. It’s the only crypto that has established itself in the business world.  Most of the rest are only speculating that they could get adopted at some point in the future.  As such, it’s only a matter of time, before the true value of XRP (XRP) starts to reflect in its price. Once it does, this coin will without a doubt make a lot of people wealthy. XRP’s true worth is without a doubt nothing less than $1 at the very least.


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