10:47
RippleX engineers explore the native XRP stake potential, David Schwartz shares his views on the future XRPL design.
RippleX Engineering Lead J. Ayo Akinyele and outgoing Ripple CTO David Schwartz discussed the future development direction of the XRP Distributed Ledger (XRPL), aiming to expand the application of XRP in the Decentralized Finance sector. RippleX is Ripple's developer division, focusing on building tools and infrastructure for the XRP Distributed Ledger.
In an article on Wednesday, Akinyele pointed out that the application scope of XRP has covered tokenized assets, settlements, real-time value transfers, DAT, and most recently, the first pure cash American XRP ETF launched by Canary, reflecting the increasing status of XRP in the institutional market. Akinyele believes that this expansion will naturally raise questions about future incentive mechanisms and participation methods, such as whether XRPL supports a native staking mechanism.
XRP-5.17%

