Schwartz’s comment came in response to a question on a Twitter thread that asked, “If Nodes, validators and the community at large got together and we agree that it's better for the community to burn the 50 billion XRP ripple has in escrows would that be possible?” Schwartz replied, "Yes. There would be nothing Ripple could do to stop that from happening.”
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Ripple CTO says blockchain developers can sound ridiculous
In a Quora session, David Schwartz said blockchain developers should stop overpromising what they can deliver
Ripple CTO David Schwartz likes to say that blockchain has a lot in common with the Model T Ford, and it’s an analogy that he repeated during a Quora session on April 1.
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The 2019 Modern Consensus 100 Most Influential People in Crypto
The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now
Who are the most influential people in crypto today? It’s one we often contemplate at Modern Consensus and, with the start of the year, we thought we’d try to answer it as best we can—with a list, of course.
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Ripple's XRP token isn't a real object but if it were and if one were to get a pile of them and a nice camera, this is what it would look like (via Shutterstock).Ripple’s XRP rallies on PNC deal
Gains for XRP have been a bright spot in an otherwise gloomy crypto market
Move over, Dogecoin—XRP is now rallying, too. Ripple’s token jumped 13 percent Wednesday when it was announced that the company’s xCurrent technology will be used by PNC Treasury Management to process international payments. Pittsburgh-based PNC is the sixth largest bank in the United States, with assets of over $380 billion as of the end of June. Reuters called the deal “a possible precursor to the use of blockchain in mainstream finance.” Gains for XRP have been a bright spot in an otherwise gloomy crypto market. In the past three days, the token has gained roughly 37 percent, compared to nearly flat—albeit volatile—returns in bitcoin during that same time period. Thus,…
