Now, Ripple’s chief technology officer David Schwartz said that he’s concerned about the distribution of XRP.
During a brand new posting session on Twitter, he addressed the decentralization of the XRP ledger and he said that he’s working with Ripple’s development arm Xpring in order to explore more ways of boosting the network’s independence.
“Lately, I’ve been working a lot on ideas for improvements to the XRP Ledger, mostly around decentralization and security and working with Ethan Beard and Evan Schwartz on what Xpring will be building,” he said.
Ripple’s strategy is to promote ILP
Schwartz says the company’s strategy is to promote the Interledger Protocol (ILP), which Ripple built to give financial institutions a way to settle payments across a wide variety of different digital asset ledgers, including XRP.
“The big picture strategy hasn’t changed. Work with the ILP community to position ILP as the TCP/IP of value – a neutral, simple protocol that can support any kind of value on any ledger. Work with the XRP community to position XRP as the best currency to use with ILP.”
Lately, I've been working a lot on ideas for improvements to the XRP Ledger, mostly around decentralization and security and working with @ethanbeard and @_emschwartz on what Xpring will be building.
He also said that the XRP Ledger proposals that he has been working on the most are fitting into the strategy mentioned above and they “improve decentralization, reliability, security, performance and ILP interoperability.”
He also mentioned his concerns about XRP distribution.