Ripple CTO Denies XRP Fork Speculation: Check out the Details!

Jakarta, Pintu News – In a recent development, Ripple CTO David Schwartz alongside head of engineering J.Akinyele revealed a thought experiment on the use of XRP in DeFi, either organically through apps and protocols, or natively on the blockchain.

This discussion sparked further discussion among the XRP community regarding the implications of staking for the XRP Ledger. Schwartz also signaled a staking proposal that has yet to be publicly announced, which includes the use of “governance tokens” designed to have no value.

DeFi Experiments with XRP

David Schwartz and J.A Akinyele, in their discussion, explored the potential integration of XRP with DeFi applications. They discussed how XRP can be utilized not only through existing applications but also through direct implementation on the blockchain. This opens up new opportunities for developers and users within the DeFi ecosystem.

The use of XRP in DeFi is expected to improve transaction functionality and efficiency. With its fast characteristics and low transaction fees, XRP offers an attractive solution for decentralized finance applications. It could also expand the scope and acceptance of XRP across various financial platforms.

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Staking Proposal and Governance Token

David Schwartz revealed that there is a staking proposal under consideration, which would involve the use of governance tokens. These tokens, according to Schwartz, are designed to have no financial value and will only have a limited supply. Its main purpose is to give token holders voting rights in decision-making.

These governance tokens will allow holders to participate in voting and decision-making regarding the further development of the XRP Ledger. This is a strategic move to increase transparency and community participation in the development of XRP, while reducing the risk of manipulation and domination by certain parties.

Reducing Fork Risk with UNL

David Schwartz emphasized that all public layer-1 blockchains are inherently governed by the possibility of forks. However, he pointed out that the XRP Ledger has strong protection mechanisms that help reduce the risk of forks. One such mechanism is the use of the Unique Node List (UNL).

The UNL is a list of validators that are trusted not to collude. Each server in the XRP Ledger is configured with a UNL, which determines which validation votes will be listened to. With a high overlap requirement between UNLs, Ledger XRP ensures that all servers reach the same consensus, reducing the likelihood of forks.

Conclusion

In conclusion, the discussion sparked by David Schwartz and J.A Akinyele opened up many new opportunities and challenges in the use of XRP in the DeFi world. With the staking proposal and the introduction of governance tokens, as well as a robust UNL mechanism, Ripple is looking to increase security and community participation in the development of XRP. This demonstrates Ripple’s commitment to continue to innovate and strengthen XRP’s position in the cryptocurrency market.

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FAQ

Q1: What did Ripple CTO David Schwartz and head of engineering J.A. Akinyele discuss?

A1: They discussed the use of XRP in DeFi applications and direct implementation on the blockchain, as well as potential staking proposals involving governance tokens.

Q2: What is the function of the governance token proposed by David Schwartz?

A2: Governance tokens are designed to give their holders voting rights in decisions regarding the development of the XRP Ledger, without having any financial value.

Q3: How can UNL reduce the risk of forks in the XRP Ledger?

A3: UNLs, which are lists of trusted validators, help ensure that all servers in the XRP Ledger reach the same consensus, with high overlap requirements between UNLs, thus reducing the likelihood of forks.

Q4: What are the implications of using XRP in DeFi according to recent discussions?

A4: The use of XRP in DeFi can improve the efficiency and functionality of transactions, as well as expand the acceptance of XRP across various financial platforms.

Q5: Why is Ripple proposing the introduction of governance tokens?

A5: The introduction of governance tokens aims to increase transparency and community participation in the development of XRP, as well as reduce the risk of manipulation and domination by certain parties.

Reference

• U.Today. Ripple CTO Ends Speculation of XRP Fork Details. Accessed on November 20, 2025