Ripple CTO Rebuts Vitalik XRP Comment

Vitalik Buterin, the founder of Ethereum, has been criticised by David Schwartz, the CTO of Ripple, for misrepresenting nati XRP. Schwartz slammed Buterin for either not understanding the difference between Ripple and XRP or acting like he didn’t know what the difference was.

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David Schwartz says Vitalik acts like he doesn’t know what XRP is.

Vitalik Buterin said at the beginning of the podcast,

The assertion that the Chinese are in charge of Bitcoin and Ethereum has not received an apology from XRP.

In response to this post, Ripple said,

After all this time, he still denies understanding that Ripple is a business and that XRP is a digital asset. He thinks XRP has the capacity to speak.

Lawyers for Ripple claimed

Lawyers for Ripple claimed that Bitcoin and Ethereum are under Chinese control as part of their legal argument against the US Securities and Exchange Commission. John Deaton chastised the Ethereum co-comments creators for being disrespectful to XRP holders, particularly those who were unaware of Ripple until the SEC case, according to previous accounts.

These kinds of tales are not unfamiliar to the ripple tokens community, and it has frequently been required to make the distinction between Ripple, the company, and the XRP Ledger clear. Institutions, retail investors, and Ripple all use this decentralised network. As Deaton noted in November, ripple tokens continue to be misunderstood despite being one of the first cryptocurrencies.

Previously, Cardano’s founder described it as toxic

The creator of Cardano, Charles Hoskinson, recently asserted that the community and XRP have no technical value. Additionally, they are both “toxic and petty.” He continued by saying he had nothing to do with ripple tokens and that he would stop commenting on issues with Ripple.

Despite the project’s extensive history, many people still don’t understand how Ripple and XRP are related. Ripple is a company that creates software, crypto solutions, and a payments infrastructure for organisations and businesses. The XRP Ledger, an open-source, decentralised blockchain platform, has a native coin (XRPL).

Source: Google Trend

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