XRP Ledger Stronger Than Bitcoin in Censorship Resistance, Ripple CTO Claims

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Alex Dovbnya

Ripple CTO David Schwartz says XRP Ledger has advantages over Bitcoin in terms of censorship resistance

Ripple CTO David Schwartz recently took to Twitter to say that XRP Ledger, the blockchain built around cryptocurrency Ripple, is stronger in terms of censorship resistance than Bitcoin.

According to Schwartz, the defining factor of any public blockchain is what users are willing to accept. With Bitcoin, all you need is money, says Ripple’s CTO. “For XRPL, you have to convince people that you are right,” he added.

Discussing Satoshi Nakamoto’s vision for Bitcoin from the latter’s 2008 white paper – “Bitcoin: A Peer-to-Peer Electronic Cash System” – Schwartz speculated that Nakamoto proposed an electronic transactions system that had similar trade-offs to cash, which also doesn’t allow for reversibility. He agreed with the principles behind this view, but clarified that cryptocurrencies should not necessarily be used for consumer payments, as wire transfers are not generally used for this purpose either.

Schwartz went on to highlight how central bank digital currencies (CBDCs) rely on reversible payments, which he says is one of the reasons crypto could never be completely obsolete.

The Ripple executive also disputed a claim that it is possible to reverse XRP Ledger with a fork. “A fork doesn’t reverse anything. A fork creates two paths with different transactions after a well-defined point. When XRPL forks, users have to choose which side of the fork they want to be on,” he tweeted.

Since the software requires 80% support to consider one side of a fork valid, it’s obviously impossible to have 80% support on both sides, Schwartz added.

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