Ripple Labs CTO Reacts to XRPL Discussions: Here’s Why!

0

Ripple Labs CTO David Schwartz has come forward to express his deep displeasure in an ongoing controversy surrounding critics’ claims of centralization about the XRP Ledger (XRPL) protocol.

Taking to his favorite social media platform, Schwartz responded to an account identifying himself as Max Keiser, wondering if centralization had been hard-coded into XRPL from the beginning. gave.

Schwartz, who is known for answering random questions from community members with actual questions, appeared unhappy with the question and categorically said he would not be answering it. Ripple Labs remains a firm of interest in the broader digital currency ecosystem amid a long-running and costly lawsuit with the SEC.

In fact, the case is at a very critical stage as it will go to trial within the next year. Therefore, as Schwartz demonstrates, any claim that might somehow compromise the firm’s defenses and related innovations is bound to be met harshly.

Schwartz himself has been a critical innovator known for calling out protocols with bad decentralization structures, as he once did for the Uniswap decentralized exchange. This history makes one wonder why getting defensive was his first response.

For attentive followers of David Schwartz and general events in the world of digital currency, as a decentralized protocol XRPLBeing exposed to the overall benefits, features, and design uniqueness of will not be news right now.

Schwartz and other core developers have spoken frequently about how much influence validators have within XRPL, with relatively lower barriers to entry for anyone who wants to become a validator for the protocol as a whole.

XRPL, crypto- It is one of the blockchain networks with a special design in its ecosystem. Additionally, Schwartz is committed to continuing the protocol’s legacy as well as its media appeal.


source site-7