KENDRA HILL'S VIEW ON THE XRP PRIVATE LEDGER, "value will be lost" - other opinions explored.

In this episode, CryptoRick discusses Kendra Hill's controversial tweets stating that value from the XRPL ledger is lost due to federated side chains as only a percentage are mirrored on the public mainchain. Also is our publically owned XRP is mandatory for use on the private ledger or is there a way they can escape using our token?

The Federated Side Chains (the private XRPL side chains "ledgers") effectively use nodes that are elected by a quorum of "federators" who guard the walled garden between the private and the public XRPL network. They can agree on a consensus without the public nodes and thus are prone to individual price consensus, tokeonomics consensus, and even the election of their own native asset. They may elect to use XRP or not. The XRPL token can be any token or not token through patented Ripple technology.

Eyouel Exchange YouTube for Deep Dive:
https://www.youtube.com/@UCUL2IbsJTtOlLMk0IBlCm3w

Sources of information:
https://ripple.com/insights/ripple-pilots-a-private-ledger-for-central-banks-launching-cbdcs/

https://ripple.com/solutions/central-bank-digital-currency/

https://onxrp.com/the-private-xrpl/

https://ripple.com/insights/a-vision-for-federated-sidechains-xrp-ledger/

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