Ripple’s Chief Technology Officer, David Schwartz, has expressed concerns about the confusion surrounding Ripple vs XRP and the XRP community. He acknowledges that many people mistakenly assume they are the same due to the similarities between the two. Schwartz believes that this misconception has persisted for a long time and continues to cause confusion.
A recent incident involving Bill Morgan, a local patriot and lawyer, brought this issue into the spotlight. Morgan discovered that the Australian Cryptocurrency Convention website mistakenly listed XRP as Ripple. This sparked further discussions and interventions from participants to clarify the distinction between the two platforms.
Schwartz, who played a key role in the emergence of Ripple, clarified that the naming decisions were made before concepts like ICOs and private blockchains were conceived. He emphasized that the intention was never to create confusion and efforts were made to differentiate between XRP and Ripple.
The controversy surrounding the naming confusion can be traced back to a time when both the XRP protocol and Ripple network were named Ripple by the board. Schwartz, however, opposed these decisions and made it clear that he had reservations about the potential negative consequences.
The history of XRP and Ripple can be traced back to the use of the term “ripples” and how it evolved with the global transformation of the platform. Over time, the entities diverged and became distinct from each other.
