Ripple’s CTO thinks Proof-of-Work is a technological dead-end, but he does hold Bitcoin

There’s no doubt that Ripple Labs tends to stand out from the cryptocurrency crowd. It has more money than most, a large team of programming veterans, and a heavily marketed suite of products aimed at giving the financial services industry a blockchain makeover. David Schwartz, chief technology officer at Ripple, knows that XRP cannot do everything. In a TNW Answers session earlier this week, Schwartz was quizzed on the limitations of the XRP Ledger. He gave a rather candid response – Schwartz doesn’t believe there can be just one digital currency that does all the things: […] We expect that this…

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https://ift.tt/2P13bWi David Canellis August 23, 2018 at 06:00AM