Ripple’s Chief Technology Officer David “Joolkatz” (XRPL), responds to the length of July 30, for the widely shared threads of the investors and Youtuber Andrei Jikh’s questions. In a serial of posts on X, Schwartz pointed to realities, institutional behavior, and compliance with the product roadmap apps-the most notable the institutional flows are still on a large scale due to an upcoming “domain” model-oriented reasons.
300+ bank deal, small quantity? Ripple CTO Answer
JIKH’s signs captured long-run criticisms: more than a decade and “300+ bank participation,” XRPL cleared “daily on daily billion” billion in China, while payables will select volatile assets like XRP on Stabecoin, and a world is satisfied with a fiat-link token-du bridges assets? He also raised questions about the Tokanization strategy, including a firm like Blackrock Cloud selects XRPL rether compared to opening a capive chain, and about the geopolitical risk for non-users.
The central interpretation of Schwarts for the Slugish on-Chain Basti was blunt about the obstacles facing regulated institutions, which could not inadvertently transact inadvertently against the oppositions on public dex liquidity: “Even ripple cannot use XRPL dex for payment, which is not a terrorist.”
Another user has been presented by another user that the same opposition -risk problem on the other L1 is, Schwartz said, depending on how the feed is used, “You do not give any control or knowledge of the generally decentralized exchange 1 on public layer 1.” Liquidity.
Schwartz framed the “permitted domain” as a design, which was inspired to maintain the openness of the laser by giving compilation-bound participants a site with the rule-long counters. In follow-up, he described a structure in which “retail is welcomed in the permitted parts, provided they can provide that they are equal to the open side due to market-construction between the two.”
XRP vs Stabblecoin
On StableCoin questions, Schwartz reduced the idea that XRP’s instability disqualify it automatically for payment. He argued that there are users where volatility is “a minus, or even a plus,” and the situation – a working bridge needs an inventory: “A bridge posture is only insects if friends are catching it that you can get it properly when you don’t need it.”
Schwartz also said that if stabechoin rapidly covers most trading couples, the bridge’s property still matters. He said “if a stabelcoin wins,” it acquires as a bridge, but he said that he does not think a single stabechoin could win because only … has been anchored for judges. That multi-stabechoin reality, he argued, left space for a neutral bridge to connect the “long tail” of the wealth of the token.
Asked that a heavyweight like Blackrock Cloud did not create its series for tokens -SE -Sessally as some broken people do -Sachwartz reduced the importance of chain symmetry in the world of interoperability and portability. He said “Ask the same question about the circle – Vhy they don’t launch on their blockchain?” Applying the clear answer: omnipresent and liquidity comes from meeting users, where they are in many networks.
On Bhurajiti, he drawn a line between XRPL, which he described as neutral infrastructure and ripple venture products, which are fragmented by jurisdiction. “If you are asking about XRPL, it is not usable,” he wrote, Ladar “has” not discriminated against any particular participant, “and admitting that the owners of the Ripple apply to the owners, license, license realities and some corridors -” North Korea or Cuba at any time ” – prime bounds.
Schwartz further argued that the role of XRP with Ripple’s payment stack remains a mathhery, even though it does not appear on a lot of public LEDs. “I wrote,” he wrote, “but I am sure that the use of XRP is dwarfed by every other property as a bridge in ripple payments.” In a related point on the XRPL design, he reminded the readers that “XRP has a private place on the XRP laser.”
At the press time, XRP traded at $ 3.13.
Image made with Dall.E, chart from traudingview.com
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