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.....
Related News
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....
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. […]
Ripple’s Chief Executive Officer, Brad Garlinghouse has recently revealed that they are not XRP maximalists while sharing valuable insights on the significant role that XRP plays in the company’s broader business strategy and its extensive cryptocurrency operations. Ripple CEO’s Emphasis On Ripple Being Centered Around XRP In an interview on Thursday, with Metaco Talks’s host […]
The recent drop in bitcoin price has given ammunition to bitcoin skeptics. But this weekend, readers of The Wall Street Journal got a long-term perspective on bitcoin with an essay titled, “The Revolutionary Power of Digital Currency.” The essay sported a dazzling illustration showing of the headline bursting out from an unzipped leather wallet. A side note advised readers the 2,472-word essay by Michael J. Casey and Paul Vigna is adapted from a new book by St. Martin’s Press. The book is titled, “The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic....