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You are here: Home / Cryptocurrency News / Ripple’s CTO Clarifies XRPL Programmability Plans Amid Community Confusion

Ripple’s CTO Clarifies XRPL Programmability Plans Amid Community Confusion

By Mishal Ali | Edited By Sahana Kiran,September 7, 2024, 4:30 AM

Ripple

Ripple’s Chief Technology Officer, David Schwartz, recently addressed growing confusion surrounding the company’s 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 Ripple’s commitment to enhancing programmability on the XRPL Mainnet alongside the ongoing developments with the EVM Sidechain.

Seems like there’s confusion over the programmability blog post we put out yesterday, so let me clear a few points up:

Ripple simply cannot (and absolutely doesn’t want to) unilaterally change the XRP Ledger. The blog post is Ripple saying that we see the value in bringing…

— David "JoelKatz" Schwartz (@JoelKatz) September 4, 2024

Schwartz emphasized that Ripple’s 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 Schwartz’s 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.

Ripple’s 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 Ripple’s 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

Filed Under: Cryptocurrency News, World

About Mishal Ali

Mishal Ali is a Policy and Regulations Reporter at Tron Weekly with over four years of experience covering the global crypto and blockchain space. Her reporting focuses on crypto regulations and policy, alongside Bitcoin, Ethereum, altcoins, DeFi, NFTs, Web3, Layer 2 solutions, and AI-driven crypto use cases. She also tracks Ripple-related developments, enforcement actions, licensing updates, and crypto scams and fraud trends, helping readers understand regulatory and compliance risks.

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