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Ripple proposes an alternative staking solution: making the governance token "intentionally worthless" to prevent power concentration.

【Coin World】Ripple's CTO recently proposed an interesting staking plan - the core idea is to create a “governance token”. The design logic of this thing is somewhat unconventional: it intentionally makes it have little value, with a fixed supply, purely for the purpose of voting to balance the power of coin holders.

He specifically mentioned that although all public chains can theoretically be forked, the XRP ledger has its own defense system. The key mechanism is the UNL( unique node list), which requires a high level of cross-authentication between servers, combined with voting by validating nodes on amendments. This design can solidify consensus. In simple terms, it reduces the possibility of network splits by enforcing close collaboration between nodes.

XRP-0.65%
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MetaDreamervip
· 5h ago
Intentionally making the token worthless? This reverse operation is the first time I've heard of it, it's a bit extreme.
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StakeHouseDirectorvip
· 7h ago
Intentionally creating a "worthless" governance coin? Ha, this approach is indeed contrarian, but it looks to me like fixing the problems of centralization. The system of UNL sounds like it's locking power in a cage, but I wonder how long this cage can hold.
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GateUser-a606bf0cvip
· 11-19 12:50
Ha ha, intentionally creating a worthless governance coin, this operation is a bit extreme, just afraid it will be messed up by some Large Investors again.
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WagmiWarriorvip
· 11-19 12:49
Deliberately making the Token worthless? This line of thought is truly amazing, it feels like Ripple wants to play a Reverse operation.
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DegenTherapistvip
· 11-19 12:35
Deliberately creating worthless tokens for governance? Sounds like a reverse power play, quite interesting.
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MissingSatsvip
· 11-19 12:24
Deliberately making the token worthless? This idea is indeed absurd, but can it really prevent the concentration of power?
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