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Coin Edition 2025-01-27 13:17:02

Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile

David Schwartz has explained how validators work on the XRPL. Validators’ primary function is to resolve the double-spend problem. No one can use the XRPL to execute an initial token distribution. Ripple’s CTO, David Schwartz, has explained how validators work on the XRPL, clarifying the decentralization protocol of its blockchain network. Schwartz’s response came during a debate sparked by Bitcoin advocate Pierre Rochard, who questioned XRPL’s role in a potential US digital asset stockpile. For about the 400th time, for anyone who doesn't understand what validators do: XRPL actually has a consensus algorithm that actually reaches an agreed consensus. About every five seconds, every node participates in a process to decide how to resolve the double spend problem for… — David "JoelKatz" Schwartz (@JoelKatz) January 26, 2025 Decentralization Debate: Schwartz Responds to Rochard Pierre Rochard accused XRPL of lacking decentralization, claiming Ripple could fork the ledger, add trillions of XRP, or remove escrow locks at will. Responding to Rochard, Schwartz downplayed the allegation, noting that even the Bitcoin network is prone to unrestricted forki… The post Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile appeared first on Coin Edition .

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