Ripple CTO David Schwartz clears air on XRP-Ripple naming controversy
has recently addressed the persistent confusion surrounding the naming of XRP and Ripple, shedding light on the longstanding debate within the XRP community. Despite originating from common roots, the two entities are often erroneously conflated as one, a misconception that has endured over the years.was incorrectly labeled as Ripple on the Australian Crypto Convention's website.
The problem lies squarely with the company’s decision to unilaterally co-opt the name “Ripple” from the protocol & network. “Hindsight is 20/20” you might say, but it doesn’t apply here; it was an obviously bad decision with long-term consequences that were clearly articulated.Former Ripple Director of Engineering Nik Bougalis also weighed in, attributing the naming controversy to the company's decision to unilaterally adopt the name"Ripple" from the protocol and network. He criticized the decision, stating that the long-term consequences were foreseeable and detrimental.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Gaming, Stablecoins and Product Innovation Take the Stage at Sui Basecamp, Inaugural Global Conference for the Sui Ecosystem
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