David Schwartz, CTO of Ripple, shared his views on the expanding blockchain technologies in finance and highlighted the achievements of the XRP Ledger.
XRPL: Achievements and Advantages
Schwartz noted that the XRP Ledger (XRPL) has gained significant traction over its 13 years of existence. He emphasized: "XRPL has real traction and institutional adoption because it has been battle-tested, updated, and improved upon for well over a decade."
Debates on Decentralization and Centralization
In his post, Schwartz also touched upon the topic of decentralization versus centralization, noting that this issue continues to be actively debated within the industry.
Circle's New Blockchain Platform
Schwartz's recent announcement coincided with Circle's announcement of launching its own layer-1 blockchain called "Ark," which will be EVM-compatible and designed to expand its stablecoin ecosystem.
David Schwartz's position underscores the significance of blockchain technologies in the modern financial landscape and the increasing competition among companies in this market.
