Rippling the company and XRP the native currency within the RTXP protocol is having the rough from both planes – basically and technically. Week by week, it is down 40 percent and loses more than 85 percent from the peaks in December 2017. If this continues, and particularly if the SEC says money is a security, then we could see XRP print 2 cents in the next few days. This is regardless of the decentralization strategy in place which has since reduced the control of Ripple to 48% on their UNL list.
From the news
C & # 39; is this centralization of thorny calls that Ripple is trying to extend. Every Tom and Dick always pulls the centralization card when it is cornered, but with the company's decentralization strategy in place, XRP is becoming the most decentralized currency in the cryptographic space.
Remember, even the coins of decentralization posters like Bitcoin and Ethereum are centralized -talk of mining pools. Indeed, centralization in Bitcoin is so serious that ordinary investors who otherwise want to take out the currency have no chance because of Bitmain's influence. There are also rumors that the ASIC manufacturer can actually attack the network now with less than 6,500 BTC.
RIPPLE NOW FAUNA A MINORITY (48%) OF VALIDATORS ON THE XRP LEDER!
– rabbit (@RabbitKickClub) 13 August 2018  For their part, Ripple has been on a decentralization path and now controls and manages only 10 validation nodes from 21 in the list of unique RTXP nodes. Over time, Ripple has removed its node for every third-party node that joins the UNL.
So, as it is 11 nodes are under the control of third parties, which means that Ripple only controls 48% of the total network and can not make decisions without consulting other node operators. Furthermore, node operators can decide which of the 21 nodes is able to process their transaction, which means decentralization by choice.
XRP Technical Analysis