Upcoming XRP Ledger Update: Ripple CTO Discusses ‘Clawback’ Potential
The RippleX team, Ripple Labs’ development arm, yesterday shed light on a new feature proposal, the “Clawback” for the XRP Ledger (XRPL). As the crypto space awaits the potential inclusion of this feature in the rippled 1.12.0 release, the blockchain community has set its eyes on how this addition might reshape asset controls on the […]
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Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over XRP earlier this month in an interview with Axios at the Collision 2022 event. The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020,....
In the wake of Ripple’s announcement regarding the integration of an Automated Market Maker (AMM) into the XRP Ledger (XRPL), the community has been abuzz with speculation and debate. Central to this discourse is the potential transformation of XRP in light of this update, particularly in regard to its classification and function as a digital asset. Ripple’s Chief Technology Officer, David Schwartz, previously hailed this update as the most significant for XRPL, raising expectations among stakeholders. Additionally, at the recent Swell conference, Ripple revealed plans to....
Ripple developers Aanchal Malhotra and Vito Tumas have introduced a ground-breaking proposal for a native lending protocol on the XRP Ledger (XRPL). If passed, this proposal is expected to expand the network’s decentralized finance (DeFi) capabilities and increase XRP’s utility. What The Lending Protocol On XRP Ledger Is About Ripple’s development arm, RippleX, elaborated in […]
In his recent interaction with CoinDesk.com, Federal Reserve Bank's Vice President and Research Director David Andolfatto acknowledged Ripple network for utilizing Bitcoin's original ledger at its best. His statement, which was focused on how Bitcoin technology could bring genuine benefits to US central bank's real-time settlement system, suddenly found Ripple as a reference to the true potential of Bitcoin's public ledger system. According to Andolfatto, the Federal System could utilize a distributed ledger system to keep all the books simultaneously in their member banks. So in case of a....
XRP has always been subject to claims of centralization by Ripple. The payment company, however, has always rejected this claim, citing the open-source and decentralized nature of the XRP Ledger. Recent court documents have provided clarity on the confusion to clear doubts about XRP’s centralization. Who Owns The XRP Ledger? A federal judge in the […]