The crypto industry is quite young and new and in such a short span...
Is XRP centralised or decentralised?
As now the digital currency world is dominated by a huge list of virtual tokens, there have been many currencies that enables peer to peer electronic cash transfer for its users without any central point of control. Ripple is one of such digital currency that made its mark and is currently seventh-highest market cap.
Whether XRP is decentralized or not can have huge legal ramifications for Ripple, currently there is big controversy around XRP. The Company behind it claims to be decentralized. Ripple is only a company which delivers XRP to the investors. However, there are 39.5 billion XRP in circulation, and half of it is owned by a few individuals who are somehow connected with Ripple owners. Some experts claim that Ripple is centralized due to owning of large XRP coins.