Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Ripple CTO Backs XRP Ledger Foundation Governance Reform Proposal

Ripple CTO Backs XRP Ledger Foundation Governance Reform Proposal

2024/01/29 19:47
XRP+1.89%XOLDTOKEN0.00%

Ripple's Chief Technology Officer, David Schwartz, has voiced his support for proposed governance reforms within the XRP Ledger Foundation (XRPLF). The move comes in response to a comprehensive proposal by XRP Ledger developer David Fuelling to improve the transparency and decentralisation of the XRPL governance system. In a social media post about X, Schwartz praised Fuelling's initiative: "Thanks for taking a public stand, @sappenin. david shared his proposal with me beforehand as well, and like him and the XRPLF, the Foundation is receptive to it." He further stressed that any community member can submit ideas and suggestions without "permission," and Schwartz described the proposal as a "straw man" to stimulate open dialogue and gather different suggestions. He added: "There's no pressure to adopt it in its entirety; rather, it's a starting point and an opportunity for collaborative refinement and exploration."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
South African fast food chain WIMPY now supports Bitcoin payments at 450 locations
2
Before the exchange's listing, Winklevoss Capital transferred 350 BTC from the exchange's Custody address.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,149.91
+1.48%
Ethereum
Ethereum
ETH
$4,671.6
+5.62%
XRP
XRP
XRP
$3.11
+2.81%
Tether USDt
Tether USDt
USDT
$1
+0.05%
Solana
Solana
SOL
$238.97
+5.60%
BNB
BNB
BNB
$924.4
+3.05%
USDC
USDC
USDC
$0.9998
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2710
+8.02%
TRON
TRON
TRX
$0.3511
+1.64%
Cardano
Cardano
ADA
$0.9060
+2.56%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter