Ripple CTO David Schwartz Embraces Innovation on XRPL
Ripple CTO David Schwartz has expressed enthusiasm for the rise of meme coins on the XRP Ledger (XRPL). He responded to the team behind Drop (DROP), a popular XRPL meme coin, who offered him a token of appreciation. They requested his wallet address to send him the tokens, and Schwartz obliged, sharing his information. His […]
Ripple CTO Discusses Immutability and Missing XRPL Transactions
Ripple CTO David Schwartz recently engaged in a conversation on X (formerly Twitter) to address the concept of blockchain immutability. The discussion focused on missing transactions on the XRP Ledger and missing blocks on the Ethereum blockchain. An X user, curious about immutability, posed a question to Schwartz, which caught the attention of the XRP […]
Ripple CTO Unveils Current XRPL Capabilities and Future Plans
In a recent exchange on X, Ripple’s Chief Technology Officer, David Schwartz, provided insight into the current capabilities of the XRP Ledger (XRPL). The conversation began when a user on the platform inquired if Schwartz could outline the native smart contract functionalities of XRPL. In response, Schwartz clarified that the ledger, as of now, does […]
Ripple CTO Outlines Vision for XRPL Programmability Amid Decentralization Debate
Ripple’s recent move to introduce smart contracts on the XRP Ledger (XRPL) has sparked discussions within the community. Ripple CTO David Schwartz has stepped in to address concerns and clarify the company’s intentions. Ripple announced its plans to enhance the XRPL by integrating smart contract functionality through two main approaches. The first approach involves developing […]
XRP Ledger Sees Record Surge in New and Active Wallets
The XRP Ledger has recently experienced a significant surge in new and existing addresses, reaching levels not observed since March. This uptick in activity occurs as XRP undergoes a steep market correction, dropping to $0.57. On-chain data reveals that the XRP Ledger saw the creation of 1,721 new wallets in a single day, the highest […]
XRP Network Activity Soars Despite Decline in New Wallets
Ripple’s latest quarterly report highlights a significant increase in XRP Ledger (XRPL) transactions in Q1 2024. Transactions more than doubled from 121,031,713 in Q4 2023 to 251,397,881 by the end of Q1 2024, a 108% rise. During the same period, the average transaction fee on XRPL saw a substantial reduction, dropping by 45%. In Q4 […]