David Schwartz, CTO of Ripple, stated that neither he nor the company can freeze a wallet or halt valid transactions on the XRP Ledger unless the network’s rules are altered. This assertion highlights the immutability of transactions on the XRP Ledger, which are permanent and cannot be changed without consensus from the network. Furthermore, the decentralized nature of the XRP Ledger ensures that no single entity can control or censor valid transactions, underscoring Ripple’s commitment to maintaining the independence of the public ledger amidst current regulatory discussions on cryptocurrency control.
Ripple CTO Confirms Valid XRP Transactions Cannot Be Blocked
