Ripple Engineer Reveals Why Codius Project Failed Years Ago

bitcoinistОпубликовано 2026-03-10Обновлено 2026-03-10

Введение

A former Ripple senior engineer, Steven Zeiler, has reignited discussion by explaining why the Codius decentralized computing project failed. Zeiler argued that despite solid technology and vision, Codius lacked a native token to incentivize early adopters and bootstrap the network, unlike Ethereum which succeeded partly due to the ETH token. His comments drew pushback from XRP Ledger validator Vet, who contended that Codius was intentionally designed to be token-agnostic via the Interledger Protocol, without an ICO or insider advantages. Vet also disputed claims that Codius is dead, citing ongoing development efforts. The debate also touched on Ripple’s former CTO Joel Schwartz’s earlier signals about reviving Codius, though no recent updates have followed his departure from Ripple in 2025.

A former Ripple senior engineer, Steven Zeiler, has reignited a long-forgotten discussion in the XRP community by explaining why the once-promising Codius project quietly faded from view years ago. Zeiler argued that the project lacked a token, and without one, it failed to gain traction. His claim drew sharp debate from validators and caught the attention of many community members.

Why The Codius Project Failed

On March 8, Zeiler, who now serves as a developer evangelist at the Yellow Network, took to X to offer a frank reflection on why Codius, the decentralized computing platform, never gained the traction its creators expected. Zeiler and his team built Codius after leaving Ripple, and looking back, the former senior engineer noted that the project was missing a crucial piece that he believes doomed it from the start.

According to Zeiler, the technology behind Codius was solid, and the vision was clear. Still, the project lacked a native token to bootstrap the network or incentivize early adopters, the people who took the risk to deploy the software. He drew a direct comparison to the Ethereum blockchain, arguing that the “genius” of the ETH token gave people a tangible reason to get involved before the network proved itself.

Zeiler connected this lesson directly to the launch of the Yellow token, framing native assets as essential for rewarding the risk-takers who deploy software, contribute to code, and build early momentum. He noted that continually enabling self-executing applications that do not rely on third-party brokers increases the value of the underlying network. The former Ripple senior executive concluded his post with a pointed observation that every great technology needs powerful incentives to scale.

Community Pushes Back Against Zeiler

Vet, a dUNL validator for the XRP Ledger (XRPL), pushed back against Zeiler’s reasoning, arguing that the decision to create Codius without a native token was entirely intentional from the beginning. He noted that Codius was built to be token-agnostic via the Interledger Protocol, with no Initial Coin Offering (ICO) and no insider advantage, framing the absence of a native asset as a feature rather than a flaw.

A community member challenged Vet by pointing out that Codius is still dead regardless of the original intent, suggesting it may have needed an additional component to survive. The same member noted that as XRP surged from fractions of a cent to over $3, the project’s vision appeared to shift away from a ledger designed for all kinds of value toward one centered on XRP handling everything. In their view, the original vision was the stronger approach.

Vet disputed the characterization, maintaining that Codius is not dead. He referenced an Interledger Foundation podcast from two years ago that suggested the former Coil team had been redirected to work on Codius development. Vet also rejected the framing around XRP, insisting it was always purpose-built as a best-in-class settlement layer and there was never any pivot in its intended role.

Adding another layer to the story, a community member reminded others that Ripple’s former CTO, Joel Schwartz, had signaled back in 2023 that he was actively working to revive the Codius project, noting that recent technological advances had filled the gaps and addressed the challenges the project once faced. However, Schwartz stepped down as CTO at Ripple in September 2025, and no further updates on a potential Codius revival have emerged from his end.

Ripple price recovers from lows | Source: XRPUSDT on Tradingview.com

Связанные с этим вопросы

QAccording to former Ripple engineer Steven Zeiler, what was the primary reason for the Codius project's failure?

AAccording to Steven Zeiler, the primary reason for the Codius project's failure was the lack of a native token to bootstrap the network and incentivize early adopters.

QWhat comparison did Zeiler make to support his argument about the importance of a native token?

AZeiler drew a direct comparison to the Ethereum blockchain, arguing that the 'genius' of the ETH token gave people a tangible reason to get involved before the network proved itself.

QHow did the validator Vet from the XRP Ledger (XRPL) counter Zeiler's explanation for Codius's failure?

AVet argued that the decision to create Codius without a native token was entirely intentional, as it was built to be token-agnostic via the Interledger Protocol, framing the absence of a native asset as a feature rather than a flaw.

QWhat did a community member suggest was a consequence of XRP's massive price surge on the Codius project's vision?

AA community member suggested that as XRP's price surged, the project's vision appeared to shift away from a ledger designed for all kinds of value toward one centered on XRP handling everything.

QWhat update regarding Codius was mentioned in relation to Ripple's former CTO, Joel Schwartz?

AA community member reminded others that Ripple's former CTO, Joel Schwartz, had signaled in 2023 that he was actively working to revive the Codius project, noting that recent technological advances had addressed its past challenges.

Похожее

Cook's Curtain Call and Ternus Takes the Helm: The Disruption and Reboot of Apple's 4 Trillion Dollar Empire

Tim Cook has officially announced he will step down as CEO of Apple in September, transitioning to executive chairman after a 15-year tenure during which he grew the company’s market value from around $350 billion to nearly $4 trillion. He will be succeeded by John Ternus, a 50-year-old hardware engineering veteran who has been groomed for the role through increasing public visibility and internal responsibility. Ternus’s appointment signals a strategic shift toward hardware and engineering leadership, with Johny Srouji—head of Apple Silicon—taking on an expanded role as Chief Hardware Officer. This consolidation aims to strengthen Apple’s core technological capabilities. However, Cook’s departure highlights a significant unresolved issue: Apple’s delayed and fragmented approach to artificial intelligence. Despite early efforts, such as hiring John Giannandrea from Google in 2018, Apple’s AI initiatives—particularly around Siri—have struggled with internal restructuring and reliance on external partnerships, including with Google. The transition comes at a critical moment as Apple faces paradigm shifts with the rise of artificial general intelligence (ASI). The company’s closed ecosystem of hardware, software, and services—once a major advantage—now presents challenges in adapting to an AI-centric world where intelligence may matter more than the device itself. Ternus must quickly articulate a clear AI strategy, possibly starting at WWDC, to reassure markets and redefine Apple’s role in a new technological era. His task is not only to maintain Apple’s operational excellence but also to reinvigorate its capacity to innovate and lead in the age of AI.

marsbit31 мин. назад

Cook's Curtain Call and Ternus Takes the Helm: The Disruption and Reboot of Apple's 4 Trillion Dollar Empire

marsbit31 мин. назад

Торговля

Спот
Фьючерсы
活动图片