Home

Ripple CTO Clarifies No Plans for Unilateral XRP Ledger Changes

05.09.2024 20:30 1min. read Alexander Stefanov
SHARE: SHARES
Ripple CTO Clarifies No Plans for Unilateral XRP Ledger Changes

Ripple’s CTO, David Schwartz, has addressed recent speculation that Ripple might unilaterally alter the XRP Ledger.

Following a blog post about enhancing programmability on the XRPL, concerns emerged about Ripple’s intentions.

Schwartz clarified that Ripple neither has the power nor the intention to make unilateral changes to the XRPL. Instead, the company aims to explore ways to improve programmability on the XRPL Mainnet while continuing work on the Ethereum Virtual Machine (EVM) sidechain.

The blog post was meant to outline Ripple’s focus and invite community feedback, not to present a finalized proposal.

The push for increased programmability comes after discussions with various stakeholders, revealing that overcoming issues like ledger bloat and transaction speed could make it feasible. Schwartz, initially skeptical about integrating smart contracts without altering the XRPL’s core, now sees potential.

The initiative also aligns with upcoming XRP community events in Korea and Japan, providing opportunities for further discussion. Schwartz reassured that the timing and actions are aimed at fostering transparency and engaging with the community.

Telegram

SHARE: SHARES
More Others News

Support CryptoDNES

QR for the Bitcoin/Ethereum Address:

QR for the Bitcoin/Ethereum Address:

No Comments yet!

Your Email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.