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Ripple CTO Emeritus Fires Back at XRP Ledger Centralization Claims

David Schwartz, Ripple's CTO Emeritus, refuted claims by Justin Bons, founder of Cyber Capital, that the XRP Ledger (XRPL) is centralized due to its Unique Node List (UNL) structure. Bons argued that the UNL grants Ripple "absolute power and control," making validators permissioned. Schwartz countered that the UNL does not enable censorship or double-spending, as validators cannot force dishonest actions on individual nodes. He explained that a malicious validator would simply be ignored by honest nodes, comparing a potential attack to a chain halt rather than a security breach. Schwartz emphasized that XRPL was intentionally designed to limit Ripple's control, even under legal pressure, and that abusing power would destroy trust in the network. He also contrasted XRPL's record with Bitcoin and Ethereum, claiming no history of transaction censorship or malicious re-ordering on XRPL.

bitcoinist02/26 01:02

Ripple CTO Emeritus Fires Back at XRP Ledger Centralization Claims

bitcoinist02/26 01:02

Silicon Valley Billionaire's 30-Year Business Experience Review: All the Goals I Pursued in the Past Were Stupid

Silicon Valley billionaire Chamath Palihapitiya reflects on 30 years of business experience, concluding that the goals he once valued—promotions, titles, wealth, and status—were ultimately "stupid." He argues that goal-oriented living creates a trap: achieving targets leads to stagnation, while process-focused living fosters continuous growth. He advises setting boundary conditions instead of goals: avoid debt (it limits freedom), practice humility (to see reality clearly), and surround yourself with younger people (to stay updated). He emphasizes maintaining "optionality"—keeping choices open—and warns against optimizing for salary or social validation. True success comes from embracing learning, taking risks, and ignoring externally defined status. Palihapitiya shares personal lessons: complete honesty in relationships is crucial, and geographic mobility (e.g., moving to industry hubs) accelerates growth. He uses the metaphor of a rat surviving 60 hours in water (vs. 4 minutes) when saved once—highlighting how hope and resilience unlock potential. Ultimately, he urges focusing on meaningful processes over arbitrary milestones.

marsbit02/26 00:19

Silicon Valley Billionaire's 30-Year Business Experience Review: All the Goals I Pursued in the Past Were Stupid

marsbit02/26 00:19

DoubleZero gains 11% – Analyzing if 2Z can hold above $0.08

DoubleZero (2Z) surged 11% in 24 hours, with trading volume up 78% to $12 million, driven by institutional inflows and a technical breakout. The altcoin saw $37.79 million in USD inflows after recent outflows, with Solana leading token inflows. The price broke above a key descending trendline at $0.06647 and is now testing resistance at $0.07560. To sustain bullish momentum, it must hold above $0.08. The MACD indicates growing bullish strength, with net buy volume positive. However, TVL has declined from its yearly high of $1.9 billion to $1.083 billion, and fees have dropped to around $316K, showing mixed on-chain activity.

ambcrypto02/26 00:02

DoubleZero gains 11% – Analyzing if 2Z can hold above $0.08

ambcrypto02/26 00:02

Why Has Ripple Spent $2.7 Billion In Acquisitions In 3 Years, And What Does It Have To Do With XRP?

Ripple, the largest XRP holder, has spent over $2.7 billion acquiring six companies in three years, including major purchases like Hidden Road ($1.25B), GTreasury ($1B), and Metaco ($250M). These acquisitions aim to bridge traditional and decentralized finance under CEO Brad Garlinghouse’s vision. Despite Ripple’s expansion and its treasury processing $13 trillion in non-crypto payments last year, the XRP community is concerned as these developments have not significantly boosted XRP’s price. Ripple plans to focus on integrating its acquisitions in early 2026.

bitcoinist02/26 00:02

Why Has Ripple Spent $2.7 Billion In Acquisitions In 3 Years, And What Does It Have To Do With XRP?

bitcoinist02/26 00:02

Bitcoin Holders Underwater As Supply In Loss Spikes, Reaching Historic Extremes

The Bitcoin price has reclaimed $65,000 but remains volatile. A significant portion of the BTC supply is now held at a loss, with 10 million BTC underwater—the fourth-highest level on record. An additional 70,000 BTC purchased in late February are also in loss, potentially pushing the total circulating supply in loss to 50%. Historically, such high levels of capital destruction often indicate a bear market bottom. Long-term holders, whose average profit has dropped to 74%, are being watched closely. If the market falls below their cost basis of around $38,900, it could trigger a final capitulation phase. However, the current cycle's unique factors, including institutional involvement, may alter historical patterns. Analysts caution that market outcomes remain unpredictable.

bitcoinist02/25 23:03

Bitcoin Holders Underwater As Supply In Loss Spikes, Reaching Historic Extremes

bitcoinist02/25 23:03

Etherfi Cash launch sees ETHFI explode 17% – Are more gains coming?

Ether.fi (ETHFI) surged 17% following the launch of its new product, Etherfi Cash—a Visa card offering 3% cashback with no annual fee that integrates with Apple Pay and Google Pay. This move expands the protocol's utility from staking into real-world payments, potentially driving user adoption and increasing token demand. The rally is further supported by significant whale accumulation and strong spot market buyer dominance, indicating real demand rather than leveraged speculation. If adoption grows and buying pressure continues, the bullish momentum may target price levels around $0.640. Sustained volume and accumulation will be key to determining whether this marks a long-term trend shift.

ambcrypto02/25 23:02

Etherfi Cash launch sees ETHFI explode 17% – Are more gains coming?

ambcrypto02/25 23:02

WLFI unveils new proposal as it seeks to reset governance direction

WLFI has introduced a new governance proposal on February 25 aimed at reshaping participation, incentives, and decision-making within its ecosystem. The proposal centers on staking-based governance, requiring unlocked token holders to stake assets for voting rights, with power weighted by stake size and lock-up duration. It introduces a tiered system where larger participants gain access to features like direct stablecoin conversion and liquidity programs tied to USD1. Governance rewards of approximately 2% annually will require active involvement. The changes aim to discourage short-term speculation, reward long-term engagement, and strengthen USD1's market position. The proposal will move through a governance vote, with implementation expected in phases if approved.

ambcrypto02/25 22:48

WLFI unveils new proposal as it seeks to reset governance direction

ambcrypto02/25 22:48

Aerodrome Finance: Can AERO target $0.50 after 15% daily surge?

Aerodrome Finance (AERO) surged nearly 15% in 24 hours, accompanied by a 109% increase in trading volume, signaling renewed speculative interest. Despite the rally, AERO remains confined within a long-term descending channel, with key resistance levels at $0.35893 and $0.50. The price rebounded from the $0.27407 support but faces a critical test at the $0.35893 barrier. Technical indicators show weakening bearish momentum, with the +DI line approaching a bullish crossover above the -DI line. Spot demand has strengthened, with aggressive buying activity supporting the price rise. However, open interest surged 24.69%, indicating increased leveraged positions that could amplify volatility. A breakout above $0.35893 is essential to confirm a structural recovery toward $0.50. Failure to hold support or overcome resistance may trigger sharp declines due to crowded long positions. The current setup suggests either a potential bullish reversal or a leverage trap, depending on whether buyers can sustain momentum above key levels.

ambcrypto02/25 22:02

Aerodrome Finance: Can AERO target $0.50 after 15% daily surge?

ambcrypto02/25 22:02

XRP Investors Don’t Benefit: Analyst Says You’re Delusional If You Don’t See This

Ripple's recent acquisition of Hidden Road, rebranded as Ripple Prime, has intensified scrutiny over whether the company's expansion benefits XRP investors. Despite corporate developments, XRP's price declined over 25% in two months, fueling frustration among holders who see little return. An analyst criticized the strategy, arguing that acquisitions mainly benefit executives rather than token holders. Ripple’s broader acquisition push—including GTreasury, Rail, Standard Custody, and Metaco—aims to build vertical integration across custody, payments, and financial services. While these moves may establish long-term utility and infrastructure for XRP, short-term price action remains disconnected from corporate growth, leaving investors skeptical about sustained appreciation.

bitcoinist02/25 22:02

XRP Investors Don’t Benefit: Analyst Says You’re Delusional If You Don’t See This

bitcoinist02/25 22:02

UK tests stablecoins in regulatory sandbox while proposing limits on user holdings

UK regulators are advancing a dual approach to stablecoin regulation, combining live testing within the Financial Conduct Authority’s sandbox with proposed limits on user holdings. The sandbox includes firms like Revolut and Monee Financial Technologies, trialing applications in payments, settlement, and crypto trading under strict supervision. Concurrently, the Bank of England has proposed temporary caps—£20,000 per stablecoin for individuals and £10 million for businesses—to mitigate systemic risks such as bank deposit flight. This cautious "test and contain" strategy aims to foster innovation in pound-denominated stablecoins while preventing rapid scaling until the market matures. The UK’s approach reflects the minor global role of non-dollar stablecoins and focuses on ensuring safe integration into the existing financial system.

ambcrypto02/25 21:12

UK tests stablecoins in regulatory sandbox while proposing limits on user holdings

ambcrypto02/25 21:12

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