Altcoins News

Story: Ripple XRP David Schwartz on why no New Features are Introduced Very Often

By Dan Saada

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Ripple XRP – David Schwartz on Importance of Robustness

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Ripple XRP – Why liquidity is Down with Stable Coins

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David Schwartz, CTO of Ripple, recently spoke about where the XRP ledger started and where it is now.

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All we had was the ability to perform a transaction on a decentralized ledger in just a couple of seconds.

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Why is robustness so important today? We have to realize that we are talking about billions of dollars in a system that does not have an administrator.

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In the earlier days, before I was working on the XRP ledger and I was looking at bitcoin, I would sort of have this idea that any new feature, Bitcoin, would adopt it.

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Sydney Ifergan, the crypto expert, tweeted:  "Ripple XRP David Schwartz recollects how hopelessly naïve it is to believe that any new feature is easy to adopt.  True.

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With any other piece of software, a company will release a new version of the software. It will say to people who are working on mission-critical projects don't upgrade to the…

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Proof of work is a kind of technological data; it works fine, not saying it does not work. I am saying there has not been any significant innovation.

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