XRP validators to wave through controversial Proposal for the deletion of XRP accounts – Cryptocurrency Market

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According to XRPSCAN, the Explorer for the XRP crypto currency, have approved the XRP-validators the Proposal “Deleted accounts”.80 percent of those who participated in a 13-day compulsory voting process, voted for the controversial Change. The Ripple network is centralized, and more vulnerable to censorship?

The first XRP account has been deleted

After the approval of the first account was already deleted from the XRP Ledger, which is an important milestone in the management of the network.

When users create a new account, it is mandatory for a fee of 20 XRP to be deposited, in order to prevent Spam. With the new Change, you will be able to take on the lion’s share of the frozen Deposit to get back.The first deleted account had to pay a fee of 5 XRP to complete the process, which corresponds to the current owner’s reserve.Read also: Ripple ODL with 179 million USD transaction volume via XRP – growth Bitso of 55,000%trade BTC & XRP with a Leverage of up to 100x, and to secure you in addition to a Bonus of up to$ 90 sign up today for free on Bybit and secure yourself a Bonus of up to$ 90! Here you can not only rising, but also falling share prices. The registration takes 3 minutes and is completely anonymous. Convince you yourself of one of the leading stock exchanges in the market! Sign up now for free

Why the Change in critical judge

A Github-Proposal, which was already released in October, 2019, States that the ability to delete accounts would help, abusive behavior to curb.Some opponents of this feature is to be feared, that it could lend to Ripple, the company that holds 60 percent of the total supply of XRP on his escrow account, and more Power.Nik Bougalis, the author of the above-mentioned Proposals, however, explained that the delete function would be only to the account holder.David Black, CTO of Ripple, also made clear that it is for validators is impossible to burn Ripples of trust stocks.Read also: According to Trader legend Peter Brandt, the XRP price hits his last desperate GefechtWas do you think about the possibility of XRP to delete accounts from the Ledger?



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