David Schwartz claims Ethereum founder Vitalik Buterin does not distinguish between Ripple and XRP.
Ripple CTO David Schwartz accused Ethereum developer Vitalik Buterin of misrepresenting XRP. Schwartz accused Buterin of not knowing the distinction between Ripple and XRP.
Does not recognise the distinction between Ripple and XRP.
Ethereum creator Vitalik Buterin has come under fire from Ripple CTO David Schwartz for misrepresenting Ripple's native currency, XRP. Schwartz criticised Buterin for either not understanding or feigning ignorance of the difference between Ripple and XRP.
Vitalik Buterin stated earlier in the show that XRP has not expressed regret for asserting that Bitcoin and Ethereum are under Chinese control.
All this time, and he still doesn't comprehend, or claims not to understand, that Ripple is a firm and XRP is a digital asset, Ripple said in response to this post. He thinks XRP has the capacity to speak.
Lawyers for Ripple claimed that Bitcoin and Ethereum are under Chinese control as part of their legal argument against the US Securities and Exchange Commission. John Deaton chastised the Ethereum co-comments creators for being disrespectful to XRP holders, particularly those who were unaware of Ripple until the SEC case, according to previous accounts.
These kinds of tales are not unfamiliar to the ripple tokens community, and it has frequently been required to make the distinction between Ripple, the company, and the XRP Ledger clear. Institutions, retail investors, and Ripple all use this decentralised network. As Deaton noted in November, ripple tokens continue to be misunderstood despite being one of the first cryptocurrencies.
The creator of Cardano, Charles Hoskinson, recently asserted that the community and XRP have no technical value. Additionally, they are both "toxic and petty." He continued by saying he had nothing to do with ripple tokens and that he would stop commenting on issues with Ripple.
Despite the project's extensive history, many people still don't understand how Ripple and XRP are related. Ripple is a company that creates software, crypto solutions, and a payments infrastructure for organisations and businesses. The XRP Ledger, an open-source, decentralised blockchain platform, has a native coin.
