Ripple CTO and Cardano Creator Find Common Ground Amid XRP and ADA Rally

As a seasoned researcher who has closely followed the cryptocurrency landscape for years, I must admit that the recent exchange between David Schwartz and Charles Hoskinson came as a refreshing surprise. It’s not every day we see the leaders of two major projects, with a history of disagreements, finding common ground.


On social network X, David Schwartz (Ripple’s CTO) and Charles Hoskinson (Cardano creator and developer), unexpectedly showed mutual admiration following their past dialogue. This is surprising given the historical disagreements between the Ripple community and Cardano’s founder, mainly due to Hoskinson’s contentious remarks regarding the legal dispute between the SEC and Ripple, specifically his views on the alleged anti-XRP conspiracy.

It’s true that Charles Hoskinson played a role in developing Ethereum and has openly denied the idea that the lawsuit against Ripple was orchestrated as a conspiracy. Additionally, he has criticized both XRP League (XRPL) and Ripple executives for cultivating a cult-like atmosphere within the XRP community. Furthermore, Hoskinson accused Jed McCaleb Schwartz of disseminating false information.

It was a pleasure talking to you. Midnight sounds extremely interesting.

— David “JoelKatz” Schwartz (@JoelKatz) November 18, 2024

It seems that their past disagreements have been put aside, as evidenced by recent posts where they both acknowledge each other and express appreciation for discussing cryptocurrency technology. Notably, they discussed Midnight, Cardano’s new privacy-centric sidechain which is currently being tested on a test network. Moreover, Hoskinson hinted that the conversation between these two pioneers of crypto also delved into XRP.

Hoskinson to Washington?

It could be that the conversations transpired because Hoskinson aspired to function as a legal authority figure in cryptocurrency within Washington.

Based on various whispers, there’s speculation that the inventor of Cardano might assume a significant role at the governmental level, a position he has openly aspired towards. Intriguingly, amidst this scenario, both ADA and XRP, which recently led the surge in the cryptocurrency market, have seen an increase in their values.

It’s yet unclear if we’ll get insights into the conversations between Schwartz and Hoskinson, but the very fact they’re talking certainly bodes well for the broader cryptocurrency ecosystem.

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2024-11-19 13:23