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Ripples CTO Clarifies XRPL Programmability Plans Amid Community Confusion

Ripples CTO Clarifies XRPL Programmability Plans Amid Community Confusion
© Copyright Image: TronWeekly

Ripples Chief Technology Officer, David Schwartz, recently addressed growing confusion surrounding the companys latest blog post on the programmability of the XRP Ledger. In a tweet, Schwartz clarified that Ripple has no intention, and does not desire, to unilaterally alter the XRP Ledger. Instead, the blog post was meant to signal Ripples commitment to enhancing programmability on the XRPL Mainnet alongside the ongoing developments with the EVM Sidechain.

Schwartz emphasized that Ripples goal is to be transparent about its strategic shift rather than presenting a finalized proposal. The company plans to focus internal resources on this new priority and is set to release a design proposal for community feedback. This approach is intended to allow for thorough evaluation and input from the XRP community before any concrete plans are established.

The decision to prioritize programmability on the Mainnet marks a significant pivot from Schwartzs earlier stance. At the Apex conference earlier this year, he had expressed skepticism about integrating smart contracts on the Mainnet without fundamentally altering the XRPL.

However, recent discussions with entities like Orchestra Finance and other community members led him to reconsider. Schwartz acknowledged that while some experts had already seen the potential benefits of Mainnet programmability, the key challenges, such as ledger bloat, transaction per second (TPS) reduction, and security vulnerabilities, needed to be addressed cautiously.

Ripples Strategic Shift and Community Input

The timing of the blog post was strategically chosen to coincide with upcoming XRP community gatherings in Korea and Japan. These events represent crucial opportunities for face-to-face discussions about programmability, and Schwartz wanted to ensure that Ripples evolving thoughts on the matter were shared beforehand. He emphasized that the timing of the announcement was purely practical, with no underlying agenda.

Ripple remains committed to maintaining open communication throughout this process. Schwartz outlined several key commitments: regular community calls, design reviews involving external stakeholders, and blog posts detailing the considerations and proposed designs. This approach aims to foster a collaborative environment where feedback is actively sought and valued.

Overall, the Ripple slowly passes through a significant change in how the company approaches XRPL programmability. They are trying to become transparent with priorities and interactions with the community for the development of a substantial and well-thought-of plan suitable for both technical and community expectations.

Related Reading | Uniswap in Hot Water: CFTC Orders $175k Penalty

Read more: https://www.tronweekly.com/ripples-cto-clarifies-xrpl-programmability-plan/

Text source: TronWeekly

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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