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

January 24, 2019

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.

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