David Schwartz is Director of Technology Development at Ripple. In a statement posted on Twitter, he explained how the use of non-blockchain solutions could accelerate the adoption of XRP. The sixth cryptocurrency in the world in terms of capitalization could thus attract more users.
What are blockchain-independent solutions?
Recall that XRP is the native digital currency of the XRP Ledger (XRPL). This public, open source and decentralized Blockchain was developed in 2012 by David Schwartz, Jed McCaleb and Arthur Britto.
In his first TweetSchwartz acknowledged the frequent questions he receives about whether specific technologies should be created to work only with XRP. He says he advised against restricting a technology so that it only works with XRP. He nevertheless specifies that these restrictions are acceptable if it is an XRPL (XRP Ledger) functionality. As confirmed CryptoGlobeSchwartz thinks that system compatible with different assets would attract a wider audience. The strategy would even attract users who do not want to be interested in XRP immediately, but who envisages it in the medium or long term.
The Chief Technology Officer continues by recalling that many technologies are now incompatible with XRP. The finding is alarming as it has become more difficult for consumers to switch to XRP, even as it becomes a better choice for their projects. He thinks that Removing such barriers through non-blockchain solutions is beneficial. Indeed, it could make XRP more compatible with a wider range of assets. Thus, it will make crypto more attractive to investors who will benefit from better user experiences.
Examples outside the crypto industry
For Schwartz, if Google is so successful, it’s because the company has improved the quality of the entire internet. By improving the quality and functionality of the internet, Google is driving adoption of the network of networks. Thus he does increase her number‘users. Regarding analogies, Schwartz does not stop there. Indeed, he made an analogy between a tool for opening only coconuts and another for opening coconuts and preparing other foods. For him, the second would be much more useful. Thus, the use of Blockchain-independent solutions could be a lifeline for Ripple.
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