Ripple Executive Rails Against Bitcoin in New Essay
Longtime blockchain developer, enthusiast and Ripple executive has warned in a new essay that blockchains could bring about a dystopia. Ripple Exec Cites Failures of Social Consensus Model. Stefan Thomas, Chief Technology Officer at Ripple Labs, a leading private and public ledger company, wrote an essay titled “The Subtle Tyranny of Blockchain.” The blockchain industry, he writes, foresees a blockchain revolution across a swathe of industries like finance, international trade and health care. However, Thomas pens, “blockchains are a pain to work with.” “Harmony and consensus are valuable.....
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Longtime blockchain developer and enthusiast has warned blockchains could bring about a dystopia in new essay. Stefan Thomas, Chief Technology Officer at Ripple Labs, a leading private and public ledger company, wrote an essay titled “The Subtle Tyranny of Blockchain.” The blockchain industry, he writes, foresees a blockchain revolution across a swathe of industries like finance, international trade and health care. He also evokes the Bitcoin block size debate in the essay, in which he suggests social consensus represents an obstacle to the deployment of blockchain technology. “Blockchains....
A simmering dispute between Ripple Labs chief executive Brad Garlinghouse and Senator Cynthia Lummis (R-Wyo.) burst into the open on Monday, May 19, after the senator’s staff cancelled a meeting with the fintech executive and declined to offer a new date. Ripple CEO Starts Public Dispute Garlinghouse, already in Washington to lobby for the pending […]
Crypto analyst Pumpius has sparked a debate after claiming the long-running Ripple vs. SEC case was never an actual fight, but a carefully staged distraction. He says the fintech company and its backers crafted the “David vs. Goliath” image of battling U.S. regulators to hide its fundamental mission, building U.S.-backed global payment rails under the […]
Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a lucrative opening for companies partnering with these banks to bring crypto to the masses. Ripple Spots Opportunities in Latam Ripple, the banking payments, remittances, and cryptocurrency company, believes that Latam could be a hotspot of opportunities for crypto....
Ripple chief executive officer, Brad Garlinghouse, stated in July that the crypto company will relocate if it loses its legal dispute with the U.S. Securities and Exchange Commission. Well, it looks like Garlinghouse will just have to stay put and not go anywhere. Ripple has just won a major victory against the SEC in court. […]