Cyber Capital founder calls XRP Ledger decentralization claims a blatant fraud

Cyber Capital founder Justin Bons has questioned the decentralized structure of the XRP Ledger, U.Today reported. Bons said XRPL had operated for about two weeks without publicly releasing security-related source code, and the update is set to become effectively mandatory starting today. XRP Ledger developers have said they will release the source code for security-sensitive changes later. Bons also argued the recommended validator list, or UNL, provided by Ripple and others exerts excessive influence over network consensus, adding that selling XRP as a decentralized asset is a blatant fraud.