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XRP and the XRP Ledger fully explained by Ripple CTO David Schwartz

The cryptocurrency market’s shift in behavior has been the key point of discussion amongst a lot of luminaries in the crypto space. Out of the cryptocurrencies that suffered the brunt of the bear, XRP witnessed one silver lining by overtaking Ethereum [ETH] to become the second largest cryptocurrency on the charts.

XRP and the XRP Ledger were also in the news recently when David Schwartz, the Chief Technology Officer of Ripple, replied to a Twitter user, Mr.XRP, who had enquired about the merger of the existing XRP Ledger with a hidden ledger. To this, Schwartz replied:

“It’s hard to imagine what such a merger would look like. It would have to follow the rules of the public ledger. It’s kind of funny, I was actually thinking just today about how cool it would be if you could run the XRPL software in a private ledger mode and later bridge …”

Schwartz further added to his initial point by stating:

“… to the public ledger. For example, you could have an asset issued on both…

Read Full Story : AMBCrypto

2019-01-12 00:00:29

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