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Ripple CTO wins the show, returns to Pompliano with a smart response

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Karol Rhodri
Karol Rhodri
Karol is a strong professional with a Master of Library & Information Science - MLIS focused in Mathematics and Computer Science from Empire Beauty School-State College. He has a strong belief that every technology-related company will surely adopt blockchain, it's just a matter of time.

David Schwartz, Ripple CTO, reverted to Anthony Pompliano with a show-winning response when the latter raised criticism on XRP being less decentralized than Bitcoin. Schwartz diverted the perspective from a competition of decentralization and pointed out that such energy should be applied towards the opposition of digital coins to threats that harm the economy. XRP is the third top crypto by market cap and is much appealing to authorities and banks.

Anthony Pompliano fell victim to his own trap. Well, apparently. A supposed member of the XRP community, Alex Cobb, mentioned Pompliano upon sharing an article to which the latter reacted and obtained a soft bash from the Ripple CTO.

Cobb, somewhat skeptically, named the entrepreneur in a headline stating, “The XRP Ledger Is Now More Decentralized Than Ever.” In response, Pompliano phrased words quite unfavorable for the ripple network. He said,”…The question is whether XRP is more decentralized than Bitcoin? I don’t think so….” This further blazed the fire of response from the ripple community.

David Schwartz, the CTO at Ripple, redirected the perspective of the discussion. Asserting his take on the debate, he pointed out that more efficient energy should be focused on the resistance of the cryptocurrencies to threats like censorship, transaction reversal, and more. He indicated his concern in discussing such topics rather than spending time in figuring out which asset is more decentralized.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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