Ripple CTO Says Next Project Is ‘Production Ready’, What Is It?

bitcoinistPublicado em 2025-08-19Última atualização em 2025-08-19

Resumo

Ripple Chief Technology Officer (CTO) David Schwartz has provided an update on his next project for the XRP Ledger (XRPL)....

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple Chief Technology Officer (CTO) David Schwartz has provided an update on his next project for the XRP Ledger (XRPL). He stated that it is almost production-ready and explained what it entails. 

Ripple CTO Gives Update On Next Project

In an X post, the Ripple CTO said that the next project, which relates to an upgrade on the XRPL, is going well. He noted that there has been one spike in latency that only affected a few links that were already poor. Schwartz added that the tiny drop in network bandwidth appears to be a monitoring dropout and doesn’t show on the switch port’s monitoring. In line with this, he opined that they are nearly production ready. 

When asked on what exactly the project was about, the Ripple CTO explained that he is running a hub server that will soon help keep important XRPL nodes slightly more reliably connected to each other. He added that he hasn’t run any production infrastructure in a while, which makes this current project exciting. 

Ripple
Source: Ripple CTO on X

Earlier on, Schwartz had mentioned why he was looking to run this XRPL infrastructure. The Ripple CTO remarked that, looking at the network, the most useful thing would be a high-quality hub with reserved slots for UNL validators, other hubs, and servers serving applications on the XRPL. He noted that this is a personal project from him and not Ripple. 

More Details Into The Hub Server

Based on the plan he shared, the Ripple CTO deployed a server using an AMD 9950X CPU, 256GB of RAM, a 2TB boot SATA SSD, 2x2TB NVME SSDs (s/w RAID 0) for NuDB, and a 10GB (unmetered) link. The server will run Ubunutu LTE and be in a datacenter in NYC. Schwartz further said that it would be a single server run as a production service, aiming for maximum uptime and reliability. 

He warned that nobody should rely on it because an important XRPL server should never rely on a single hub. The Ripple CTO plans also to gather data from the server to understand network behavior and performance. However, he noted that there will be no disruptive testing unless there are unusual circumstances that make it necessary. 

Meanwhile, although the hub server is mainly for important XRPL nodes, the Ripple CTO had mentioned that the rest of the slots would be available to the public on a best-effort and space-available basis. He noted that only reserved slots would be restricted to important nodes. 

Besides the Ripple CTO’s project, XRPL validator Vet also revealed that there is a Concentrated Liquidity proposal for the Automated Market Maker (AMM), which is in the pipeline. He explained that this is a way to make the AMM more advanced and especially capital efficient. This will further enable liquidity providers to specify provision ranges.

Ripple
XRP trading at $3.01 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Leituras Relacionadas

Faked Trades, Clone Websites, 1105 Videos: Polymarket Under CFTC Scrutiny

The U.S. Commodity Futures Trading Commission (CFTC) has launched a wide-ranging investigation into prediction market platform Polymarket. The probe, triggered by a Wall Street Journal report, focuses on allegations of systematic marketing fraud. The report revealed Polymarket allegedly hired dozens of student content creators to post over 1,100 videos showing fake, profitable trades on cloned websites, without disclosing the paid relationships. These videos, with over 140 million views, were pivotal to user growth. Simultaneously, the National Association of Consumer Advocates (NACA) filed a lawsuit in Washington D.C., accusing Polymarket and its executives of deceptive advertising targeting college students. The suit details off-campus promotions and payments made through the CMO's personal PayPal account to influencers who failed to disclose sponsorships. The investigation places CFTC Chairman Michael Selig in a difficult position, as he has been a vocal advocate for prediction markets and is currently suing multiple states to assert federal jurisdiction over them. This case tests the CFTC's dual role as both promoter and enforcer. This marks Polymarket's second major clash with the CFTC. After a 2022 settlement and U.S. ban, it regained approval to operate in September 2025, secured a $20 billion investment, and saw its valuation soar. The current crisis, compounded by a recent $3.1 million front-end supply chain attack, represents the platform's most severe multi-front challenge since its founding.

Foresight NewsHá 1m

Faked Trades, Clone Websites, 1105 Videos: Polymarket Under CFTC Scrutiny

Foresight NewsHá 1m

Real-Life 'Black Mirror' Pumpfun Go: 40 Yuan to Lick a Toilet, $14,000 to Tattoo a Logo on Your Forehead

Pumpfun Go, a bounty task platform launched by the meme coin platform Pump.fun, is facing intense controversy. The platform's slogan "Pay anyone to do anything" has manifested in real-world tasks where participants perform increasingly extreme or demeaning acts for cryptocurrency rewards. These tasks range from licking a gas station toilet floor for roughly $5.63 to getting a permanent "bounty.fun" logo tattooed on one's forehead for $14,000. Other completed challenges include eating live insects and quitting a job on camera. The highest-value active bounty offers approximately $560,000 for climbing Mount Everest and placing a bet on a specified platform. While some tasks involve promoting meme coins or community events, the platform has drawn widespread criticism for incentivizing the exploitation of economic desperation. Participants, often citing "we need money" as their motivation, complete these tasks for sums that can far exceed their regular income. Critics, including New York Governor Kathy Hochul, have condemned Pumpfun Go as a dystopian system that commodifies human dignity and preys on the vulnerable. Supporters argue it provides a novel income opportunity for those in need. The debate highlights deeper societal issues around power, inequality, and the historical human fascination with spectacles of humiliation. The platform's existence raises questions about the ethical limits of anonymous online markets and the persistent reality where financial need forces individuals to trade their dignity for survival.

Odaily星球日报Há 7m

Real-Life 'Black Mirror' Pumpfun Go: 40 Yuan to Lick a Toilet, $14,000 to Tattoo a Logo on Your Forehead

Odaily星球日报Há 7m

The Strategy That Would Never Sell Bitcoin Opened a Permanent Sales Channel

MicroStrategy, a company long known for its "never sell Bitcoin" mantra, announced a "Digital Credit Capital Framework" allowing it to sell up to $1.25 billion worth of Bitcoin. Surprisingly, its stock (MSTR) rose nearly 7% pre-market. This shift, coming just a month after a small, "ad-hoc" sale of 32 BTC for dividends, transitions from a temporary action to a formal, institutional tool. The framework outlines four clear purposes for potential sales: bolstering USD reserves, paying preferred stock dividends/interest, and repurchasing its own preferred and common stock. The key driver for this change is the immense financial pressure from MicroStrategy's complex capital structure, specifically its massive $8.5 billion perpetual preferred stock (STRC). STRC features a variable interest rate that has been reset upward eight times in a year to 12% in an attempt to stabilize its price. However, the stock has fallen over 25% below its face value. Combined with other preferred stocks and convertible notes, MicroStrategy's total annual fixed obligations now stand at $1.76 billion, equating to a daily burn of roughly $4.8 million. While its $2.55 billion in USD reserves and the new $1.25 billion BTC sales framework provide a two-year+ runway, a dangerous feedback loop exists. Falling Bitcoin prices would force the sale of more BTC to meet fixed obligations, potentially creating further sell-side pressure and lowering MSTR's asset valuation multiple. This, in turn, limits its ability to raise cash through stock issuance. The market's positive reaction likely stems from relief; the framework replaces fears of a forced, disorderly sell-off with a structured plan. However, it does not resolve the underlying high-cost capital structure, leaving the company's long-term health heavily dependent on Bitcoin's price performance.

marsbitHá 41m

The Strategy That Would Never Sell Bitcoin Opened a Permanent Sales Channel

marsbitHá 41m

Trading

Spot
活动图片