Ripple's Chief Technology Officer is Exploring Native XRP Staking
BlockBeats News, November 19th, according to thestreet report, David Schwartz, Chief Technology Officer (CTO) of Ripple and one of the founding architects of the XRP Ledger, proposed a new model involving staking that could fundamentally change the operation of the blockchain network. This discussion originated from a lengthy tweet by Ripple's Senior Engineering Director J. Ayo Akinyele on X, discussing the possibility of adding staking functionality to the XRP Ledger.
The XRP Ledger, launched in 2012, uses a Proof-of-Association (PoA) consensus mechanism, with validators agreeing on XRP transactions every 3-5 seconds. In contrast, blockchains like Ethereum (ETH) and Solana (SOL) use a Proof-of-Stake (PoS) consensus mechanism where users must lock or stake their cryptocurrency assets to qualify for transaction confirmation and secure the network, earning crypto rewards in the process.
Akinyele stated that XRP has evolved from a fast remittance tool to a network supporting tokenized asset settlements and real-time market liquidity. With the launch of the first U.S. physically-backed XRP exchange-traded product (ETF), the XRP ecosystem has entered a new phase, prompting him and Schwartz to consider supporting native staking on the XRP Ledger.
You may also like

The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.

February 25th Market Key Insights, How Much Did You Miss Out?

Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law

IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi

DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC

How Can Agentic Commerce Empower AI to Start Making Money?

February Correction: Is the Crypto Market Bottoming Out?

AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce

Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?

Polymarket New Rule Release: How to Build a New Trading Bot

Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?

WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.

AI Apocalypse, a massive short squeeze

The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge

Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.
