XRP and Algorand carry major red flags because their decentralization claims are false. XRP's ledger reaches consensus through a literal list of permissioned nodes published by its foundation, which is not decentralized by any stretch. Algorand deserves a place on the list even more, since it still has permissioned elements today. Red flags like these, alongside admin keys that can steal user funds and ecosystem-wide systemic risks, mark such projects as pretenders. x.com x.com x.comÂ







