“You can’t just come in with a billion dollars and say, ‘I have enough for 1,000 Ethereum validators, I’m gonna run them all; I just bought my way into owning part of Ethereum consensus,’ or ‘I’m gonna buy a bunch of mining hardware, and I have more money than you, so I can get a larger share of Bitcoin protocol consensus than you can,’” explained Red Sheehan, a research analyst at Messari who writes regular reports on XRPL commissioned by Ripple Labs. “That’s just not possible with Proof of Association.”
Source: https://www.coindesk.com/tech/2023/07/19/xrp-blockchain-still-faces-centralization-caveats-as-ripple-regulatory-threat-recedes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines