XRP Ledger Foundation: RippleX Dev Proposes Major Overhaul
Summary
David Fuelling, a developer at RippleX, proposed a governance overhaul for the XRP Ledger Foundation (XRPLF) on GitHub. The proposal aims to create a community-driven entity with formalized membership, a new board election process, distinct membership classes, enhanced community representation, and improved transparency. Fuelling clarified that the proposal is a personal initiative, not from Ripple, and aims to build upon the existing structure. Ripple CTO David Schwartz acknowledged the proposal as a starting point for discussion and emphasized the importance of transparent and democratic governance. At press time, XRP traded at $0.52535.
