<span style="font-weight: 400;"><a href="https://www.cryptoknowmics.com/news/ripple-cto-david-schwartz-says-uniswap-is-not-defi-and-is-centralized/" target="_blank" rel="noopener">David Schwartz</a>, Ripple's chief technology officer, has participated in a Twitter conversation about which crypto projects in the industry are truly decentralized and which are not. He specifically commented on the well-known decentralized exchange Uniswap.</span>
<h2><span style="font-weight: 400;">Ripple CTO blasts Uniswap v4 for being 'open source wash'</span></h2>
<span style="font-weight: 400;">Schwartz offered a response to the founder of rotkiapp's tweet. According to the latter, some cryptocurrency projects "open source wash" their work while claiming to be open source and decentralized.</span>

<span style="font-weight: 400;">The tweet specifically addressed Uniswap v4, which was made available under a Business Software License (BSL). After a certain amount of time has passed since the software was released, the latter makes sure that it can become open source.</span>

<span style="font-weight: 400;">LefterisJP stated that Uniswap v4 is not open source as a result. David Schwartz made the observation that Uniswap, the original DEX, is also not decentralized.</span>

<span style="font-weight: 400;">The Ripple CTO linked to a <a href="https://twitter.com/JoelKatz/status/1404474300279660552" target="_blank" rel="nofollow noopener">tweet</a> in which he questioned whether Uniswap v3 was a decentralized project. He then lashed out at Uniswap v4. His contention for that position was that "assuming some individual or gathering has an enforceable legitimate right to let others know how they can and can't utilize it, it's not decentralized." In addition, Schwartz recalled that Uniswap Labs is in charge.</span>

[embed]https://twitter.com/JoelKatz/status/1668883016406425602[/embed]
<h2><span style="font-weight: 400;">It's honest for Ripple to be centralized</span></h2>
<span style="font-weight: 400;">The well-known XRP-themed account @XRPcryptowolf has confirmed that Ripple is centralized, debunking numerous attempts by numerous XRP supporters to claim the opposite. He stated that there is no truly decentralized project and that decentralization is "the biggest lie in cryptocurrency." He tweeted, "At least Ripple is being honest about being centralized." One of the commentators expressed disagreement, asserting that only Bitcoin is decentralized.</span>

[embed]https://twitter.com/XRPcryptowolf/status/1668889366037426178[/embed]

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CTO Of Ripple Says Uniswap Is Not Decentralized

The Ripple CTO linked to a tweet in which he questioned whether Uniswap v3 was a decentralized project. He then lashed out at Uniswap v4.

Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

CTO Of Ripple Says Uniswap Is Not Decentralized

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