Advertisement
AD

Main navigation

Ethereum’s Vitalik Buterin Riles Up XRP Community Once Again

Advertisement
Thu, 18/08/2022 - 6:22
Ethereum’s Vitalik Buterin Riles Up XRP Community Once Again
Cover image via www.youtube.com
Read U.TODAY on
Google News

In a recent tweet, Vitalik Buterin claims that XRP, the sixth biggest cryptocurrency, lost its right to protection after Ripple attempted to throw Ethereum under the bus as “China-controlled.”

At the same time, the Ethereum co-founder said that he was glad that people were pushing against regulations that prioritize Ethereum over other legitimate cryptocurrencies.

His tweet came in response to Newton and Bitbuy, two Ontario, Canada-based cryptocurrency exchanges, enforcing an annual 30,000 CAD “buy limit” for all the available cryptocurrencies except for Bitcoin, Ethereum, and several other altcoins. “If they had restricted XRP I wouldn't have said anything,” Bankless co-founder David Hoffman quipped.

Advertisement

Related
CEO of Leading Crypto Market Maker Steps Down
Back in December 2020, Buterin slammed Ripple for “sinking to new levels of strangeness” by attempting to label Bitcoin and Ethereum as “China-controlled” just because the country accounted for the majority of global hashrate. In April 2020, Ripple co-founder Chris Larsen wrote an op-ed, in which he claims that Bitcoin could be potentially destroyed by the Communist Party of China. It is worth mentioning that the U.S. is currently the biggest Bitcoin mining hub.  

Buterin’s most recent anti-XRP comment attracted plenty of criticism from the token’s community. Ripple CTO David Schwartz accused the Ethereum community of trying to make the government punish projects that disagree with its narrative. The architect behind the XRP Ledger believes that it’s “perfectly fair” to draw a comparison between miners in proof-of-work systems and shareholders in companies.

John Deaton, managing partner of the Deaton Law Firm, also took aim at Buterin, claiming that “innocent” XRP holders have nothing to do with Ripple.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch For The First Time Ever
World's First Bitcoin Layer 2 Conference to Unite East & West in Hong Kong, April 2024
Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Our social media
There's a lot to see there, too

Popular articles