How To Price XRP? Ripple CTO Says The Answer Isn’t In The Ledger
What gives XRP its value? In an exchange on X, Ripple CTO David Schwartz – known as “JoelKatz” – tried to answer that question without pretending crypto already behaves like traditional assets. He didn’t lean on marketing language about instant settlement or global payments. He talked about power, control, censorship, incentive design, and speculation. How Does XRP Get Its Value? First, Schwartz reframed what XRP is actually for. He argued that the XRP Ledger is built for people and institutions that don’t want an intermediary sitting in the middle of their transactions. He put it in blunt....
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Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.”
Ripple’s CEO Expects Answer in First Half of Next Year
Ripple CEO Brad Garlinghouse talked about the timeframe of the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the sale of....
Banks and other global financial organizations are becoming more interested in XRP, the cryptocurrency and digital payment system. However, the price of the altcoin has not changed, leaving many investors and analysts perplexed. While some contend that the usage of Ripple’s private ledger conceals XRP’s actual value, others attribute this to issues with liquidity and market sentiment. Related Reading: Solana Marks 5-Year Journey – 400 Billion Transactions And Counting Private Ledger May Be Limiting Price Growth According to DigitalG, a former fund manager in London,....
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 […]
"It isn't really sexy." That's how Leonard Jaramillo, VP product development at Earthport, describes the way his payment services firm is using distributed ledgers, contrasting its approach to the tech to more convoluted use cases involving QR codes or 'blockchain' technology. Jaramillo is discussing an integration of Earthport and Ripple technology that takes advantage of the efficiencies of distributed ledgers, without using a form of digital currency, or asset linked to the ledger itself. This means Earthport is using the Ripple Consensus Ledger, the company’s open-source....
Earthport, known for its extensive payment network for cross-border transactions and robust ACH infrastructure, has created the world’s first Distributed Ledger Hub (DLH). The DLH service is accessed through Earthport’s Distributed Ledger Gateway, previously announced in August of 2015, and will provide full connectivity to the Ripple ecosystem, including Ripple instances, Ripple market makers, and eventually other Distributed Ledgers. Ripple had a big year in 2015. They added $32M to the war chest, created a partnership with Western Union, contributed a team member to a Fed committee, and....