Ripple CEO and Ethereum Co-Founder Clash Over Who Controls XRP, Ethereum and Bitcoin

Ripple CEO Brad Garlinghouse and Ethereum co-founder Joseph Lubin engaged in a friendly debate on decentralization at the World Economic Forum in Davos.

In a back and forth between the two blockchain and crypto leaders, Garlinghouse questioned just how decentralized Bitcoin and Ethereum really are due to mining pools and the fact that the majority of miners that validate Bitcoin transactions are located in China. Meanwhile, Lubin questioned whether XRP is too centralized because Ripple owns 60% of the total supply.

You can check out the entire panel discussion on where blockchain is headed in 2019 below. If you want to skip ahead and break out the popcorn, you can start watching around the 25-minute mark.

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.