Advertisement
AD

Main navigation

XRP to Challenge Ethereum Dominance, Lead Dev Reveals How

Advertisement
Thu, 1/02/2024 - 13:10
A
A
A
XRP to Challenge Ethereum Dominance, Lead Dev Reveals How
Cover image via www.freepik.com
Read U.TODAY on
Google News

In a surprising move, Wietse Wind, the lead developer behind XRPL, publicly acknowledged Ethereum founder Vitalik Buterin on his 30th birthday. The unexpected congratulations sparked controversy within the XRP community, prompting Wind to explain his admiration for Buterin's lasting impact on the blockchain space.

Advertisement

Related

Highlighting XRPL's need to catch up with Ethereum's developer activity, Wind emphasized the importance of iterative enhancements. He stated that building upon Buterin's contributions, delivering more effective L1 smart contracts for real-world utility and attracting developers and retail users are crucial steps to move in the right direction.

Addressing perceived lag, Wind hinted at a broader strategy, explaining that XRPL is consistently playing catch up on layer 1, hence, the introduction of Hooks. An amendment to the XRP Ledger, Hooks brings advanced smart contract functionality and aims to narrow the gap with Ethereum's composability.

XRP v. ETH

The historical tension between Vitalik Buterin and the XRP community dates back to 2020, when Buterin criticized Ripple after controversial statements by Ripple cofounder Chris Larsen. The ongoing legal battle between the SEC and Ripple has further strained relations, with Vitalik claiming that XRP forfeited its right to protection amid attempts to implicate Ethereum.

Related

Despite the tension, recent statements from Wind suggest a nuanced perspective. Acknowledging Ethereum's current dominance, Wind remains optimistic about XRP Ledger's potential to challenge the status quo. As XRPL works to bridge the gap with Ethereum, Wind's strategic vision positions XRP as a contender in the blockchain arena.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD