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Crypto

Former Ripple CTO calls claim that high fees mean a better network \'bizarre\'

Former Ripple Chief Technology Officer David Schwartz has publicly pushed back against views that criticise XRP for low network fees. Blockchain outlet U.Today reported that he called it \"truly bizarre\" to argue higher fees show a healthier cryptocurrency ecosystem. The debate resurfaced after an X user revived a 2024 post, based on a Forbes article, that revisited Ripple and XRP\'s early vision and questioned whether XRP\'s market value looks high relative to fees and network activity.

Crypto

Former Ripple CTO rejects XRPL security concerns, focuses on cost-burden structure

Former Ripple Chief Technology Officer David Schwartz (데이비드 슈워츠) rejected concerns about XRPL’s defenses against frontrunning and sandwich attacks, arguing even state-backed actors would struggle to sustain attacks. He said the network could respond by raising costs, concentrating the burden on attackers as fees accumulate. Schwartz also proposed adjustable fee-escalation parameters via XRPL’s voting process. His proposal introduces reserved transactions, with limited slots per ledger and higher fees as slots fill.