Ripple’s long -term chief technology official David Schwartz said Tuesday that he will return from the day -to -day responsibility after more than a decade to the company, which has moved into a role -playing “CTO emeritus.”
Schwartz, one of the original architects of the XRP Ledger, announced the transition to an X post. He said the decision would allow him to spend more time with the family while remaining active in the XRP community.
“I’m not going to get away from the XRP community. You have never seen the latter in me (now, or ever),” he posted. “The last months I was shivering to the side -circling my own XRPL node and published its output data, researching other uses of use for the XRP (besides what was dirty, talking to builders, who had been in love for its pure love -and I was really excited to come back. lead technical operations.
Schwartz joined Ripple in 2011 as a cryptography, helping the ledger design undergoing XRP transactions. He was promoted to the CTO in 2018 and has since become one of the most recognizable voices in the XRP community, defending the role of ledger against critics and guiding its evolution through regulatory regulations and technical upgrades.
The leadership leads as positions of the Ripple RLUSD, its stablecoin, deeper into the tokenized ark markets and expanded cases of using XRP Ledger beyond payments.
XRP will last trade at $ 2.84, down 1.7% in the past 24 hours.
