Confusion continues in the cryptocurrency industry regarding Ripple, after the American Exchange Kraken asked what name to use to contribute to how Ripple should be named.
“1 Ripple”?, “2 Ripples?” Nobody Knows
After it became unclear what Ripple was actually based on, for a recent event in a series of bizarre events involving the XRP token and the company Ripple, the company that launched it, Kraken CEO Jesse Powell appealed to David Schwarz, Ripple’s chief technology officer. he asked.
Kraken has announced that it will launch XRP margin trading on XRP and its sub-units, which requires approval.
2018 Ripple Year of Contradictions
2018 for Ripple It has been a year in which many contradictory statements have been made.. This year there have been a number of conflicting statements about Ripple’s relationship with the XRP company, what the token is and what it aims to achieve.
Nevermind, found the answer (unless anything has changed since 2013). ripple = protocol, Ripple = currency. pic.twitter.com/9LByv7o2ca
— Jesse Powell (@jespow) December 30, 2018
The Endless Confusion on the Internet
Schwarz himself agrees with the lack of name clarity in his official and social media correspondence with CEO Garlinghouse, as Bitconist reported. Schwarz, who denied it, later claimed in August that Ripple is “more decentralized” than both Bitcoin and Ethereum networks.
Critics Focus on Ripple
Critics say Ripple’s XRP They had already begun to investigate claims that he himself controlled the. Many critics think that the company deliberately avoided giving a clear answer to the questions asked.
Especially on Twitter, an army of Ripple-supporting assets is trying to dispel doubts about both the XRP token and the Ripple company’s savings.
Especially on Twitter.
At the time of this writing, Schwarz still hasn’t answered Powell’s question.. Powell opts for the second option, using literature from Ripple published in 2013, so to speak, pulling a hair out of his head, doing his own research to find an answer.
Industry Targets Ripple Army
Meanwhile, Kraken has officially expressed its disappointment over Ripple supporters and the “uncertainty” regarding token identity.
The officials tweeted, “Dear XRP Army (this is the first time ever like this, by the way) They used the phrase “Ripple is a payment protocol with the native cryptocurrency XRP.” >
One such advocate, known as Tiffany Hayden on Twitter, is devoting her full attention to this issue trying to steer Ripple out of distrust. Stating that he is not an official employee of the company, Hayden, in turn, is subject to criticism from well-known Bitcoin experts.. In response to the criticisms, Hayden said, “Imagine if an army of fake bitcoin supporters is harassing Kraken regarding the XBT device (the device that records stock prices on a paper tape).. Who cares.”
Still (Tiffany Hayden), obsessed with removing the Ripple name. No reason other than getting paid to set an agenda. It both misrepresents Ripple’s history and hides the fact that XRP also has a security.