Ripple CTO David Schwartz Goes Solo, Launches Independent XRPL Server
Main Idea
Ripple CTO David Schwartz has launched an independent high-performance XRPL server in New York, marking a shift in XRPL's evolution and boosting its technical credibility.
Key Points
1. David Schwartz, Ripple's CTO, built and deployed a high-performance XRPL server in New York with advanced hardware and a 10 Gbps connection.
2. The server is fully synced with the XRPL and is designed to support validators and analyze network traffic behavior under different conditions.
3. Schwartz's move reflects XRPL's evolution from being closely tied to Ripple to becoming more independent and technically robust.
4. Ripple is now focusing on partnerships with fintech firms, MSBs, crypto platforms, and DeFi builders instead of relying on banks for growth.
5. XRPL recently received a major update (rippled version 2.5.0) introducing features like TokenEscrow, PermissionedDEX, and AMM, improving network speed and reliability.
Description
Schwartz has built and deployed a high-performance XRPL server in New York He clarified that what he’s doing is unaffiliated with Ripple but rather a project of his own, as he just wants to strengthen XRPL’s independence Despite his years away from directly managing XRPL infrastructure, Schwartz believes that the network’s current state makes a decentralized hub more essential than ever David Schwartz, Ripple’s long-time CTO and one of the original architects of the XRP Ledger (XRPL), announced ...
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