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Ripple CTO Squashes XRP Ledger Criticism: Details
In a recent move, Ripple’s Chief Technology Officer (CTO), David Schwartz, has addressed criticisms leveled against the XRP ledger. In his statement, he emphasizes that the intentional design decision to not support arbitrary smart contracts on XRPL is aimed at promoting security and stability over complexity.
This decision was taken keeping in mind the importance of maintaining a secure and stable foundation for decentralized applications. By avoiding the use of complex smart contracts, Ripple aims to safeguard the network from potential vulnerabilities and ensure seamless user experience.
Schwartz further highlights that the recent announcement of introducing native smart contracts is a step forward towards expanding the capabilities of XRPL while prioritizing its security and integrity. The development will enable the creation of more sophisticated decentralized applications without compromising the overall stability of the platform.
Ripple has consistently been at the forefront of innovation in the blockchain space, consistently delivering breakthroughs like NFT support with XLS-20, offering new levels of versatility for developers and users alike.
Source: https://u.today/ripple-cto-squashes-xrp-ledger-criticism-details
