According to a Tuesday advertisementAnodos Finance has been added to the XRP Ledger Foundation’s unique node list (UNL).
According to a Tuesday advertisementAnodos Finance has been added to the XRP Ledger Foundation’s unique node list (UNL).
The list comprises a set of 35 validators who are considered trusted participants in the network.
Anodos Finance was added after the removal of Digifin.uk at the former’s request.
“Being part of the UNL means that we are now one of the key players in maintaining the integrity and stability of the XRP Ledger. It is a responsibility that we accept with pride and enthusiasm,” the project said in a statement.
To be included in the XRP Ledger Foundation UNL, the validator must be “highly available” with production-grade infrastructure. A potential validator must be an active participant in the amendment voting process. Additionally, the entity behind the validator candidate must be clearly identified.
The XRP Foundation, an independent non-profit entity, is one of UNL’s trusted publishers along with the XRP Foundation.
Concerns about centralization
The XRP Ledger Foundation began publishing its list of recommended nodes three years ago. Before that, Ripple (the XRP Foundation) and the Ripple-funded web monetization platform Coil were the only notable entities with their own UNLs. Coil, which was founded by former Ripple CTO Stefan Thomas, went bankrupt.
Other blockchain networks, such as Bitcoin and Ethereum, do not rely on a predefined list of trusted notes to maintain consensus. Ripple frequently attracted its fair share of criticism due to centralized concerns as it used to provide a curated list of nodes by default.
In fact, the US Securities and Exchange Commission aforementioned Ripple’s control over nodes that validate transactions during its protracted legal battle with the company.