• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin

    Bitcoin returns above $50,000 again

    Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

    Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

    ETH/USD price prediction

    ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

    Chainlink price prediction

    Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

    Uniswap price prediction

    Uniswap price prediction: UNI prepares to move higher, next target at $38 

    Bitcoin price

    Bitcoin Price Prediction : 24-Hour Chart Raises Hope of $50K Breakout

    Vechain price prediction

    VeChain price prediction: VET set to move higher again, resistance to break at $0.056

    Ethereum Price Prediction

    Ethereum price prediction: ETH failed to retest $1,500, more upside to follow

    SEC allegations

    John McAfee claims SEC allegations laid against him are exaggerated

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin

    Bitcoin returns above $50,000 again

    Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

    Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

    ETH/USD price prediction

    ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

    Chainlink price prediction

    Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

    Uniswap price prediction

    Uniswap price prediction: UNI prepares to move higher, next target at $38 

    Bitcoin price

    Bitcoin Price Prediction : 24-Hour Chart Raises Hope of $50K Breakout

    Vechain price prediction

    VeChain price prediction: VET set to move higher again, resistance to break at $0.056

    Ethereum Price Prediction

    Ethereum price prediction: ETH failed to retest $1,500, more upside to follow

    SEC allegations

    John McAfee claims SEC allegations laid against him are exaggerated

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Ripple News

Why XRP doesn’t have smart contracts – Ex Ripple CTO

Kamsi King by Kamsi King
August 12, 2020
in Ripple News
2 min read
Coinbase custody
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Former CTO of Ripple, Stefan Thomas granted an interview where he explained the key reasons why the Ripple ledger doesn’t support smart contracts. 

The interview was aired on an episode of BlockStars which is hosted by the Ripples CTO, David Schwartz, had the previous CTO and now CEO of coli on hand to discuss issues surrounding smart contracts.

RelatedPosts

XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

XRP ledger that supports CBDC coming soon

XRP holders suffer $15billion in damages due to SEC’s action, Ripple reports

Ripple price slide continues

In their defense, the former CTO said they had already developed a working prototype that was going to work, but they found out that security and usability issues would continuously be a problem.

The main problem that the smart contracts gave the team of developers, according to Thomas, was the non-deterministic results that the codes had.

Ripple ex-CTO says XRP  Ledger had challenges supporting smart contracts

According to Thomas’ words, the XRP ledger’s core factor was its deterministic ability, which was a means to make payment much easier.

He confirmed that another major problem faced by the developers was how to write the code for the programming language.

We wanted our developers to write the codes in a language that everyone would understand

Thomas is presently working on a smart contracts platform

He said that when that became a nagging issue, the company said they wouldn’t want to create a more sophisticated way to make transactions, one which adding the smart contracts into the XRP Ledger would cause.

Thomas confirmed that he has been working on a project named Codius since 2013, if fully developed, the platform can support smart contracts.

According to Thomas, he was making websites before he decided to venture into the world of freelancing, but all the platforms were overcharging, and he didn’t like it. After several unsuccessful trials, Thomas was able to develop a Bitcoin blockchain-powered BitcoinJS.

Thomas further said he was previously working at Kraken directly under Jesse Powell, the CEO before he met then CEO of Ripple, Chris Larsen. Thomas was recruited to work with the Open Coin team, which is now known as Ripple Labs.

Tags: cryptocurrency tradingcryptomarket
Kamsi King

Kamsi King

King Kamsi is a fintech and digital currency writer and enthusiast. He is keenly interested in blockchain and cryptocurrency and their global adoption. When not busy with writing, he can be found hobnobbing in forums with the best minds in crypto, both developers and startup founders.

Related Posts

XRP/USD Price Prediction
Ripple News

XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

March 6, 2021
XRP ledger
News

XRP ledger that supports CBDC coming soon

March 5, 2021
XRP holders
Ripple News

XRP holders suffer $15billion in damages due to SEC’s action, Ripple reports

March 5, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Bitcoin

Bitcoin returns above $50,000 again

March 7, 2021
Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

March 7, 2021
xrp price predictions

XRP Price Prediction 2021, 2023, 2025, 2030

March 7, 2021
ETH/USD price prediction

ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

March 7, 2021
Chainlink price prediction

Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

March 7, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.