Ripple CTO Thanks Elon Musk in Surprising X Post

As an analyst with years of experience in the blockchain and cryptocurrency space, I find it fascinating to witness the interconnectedness of key players in this ever-evolving ecosystem. The recent gesture of gratitude from Ripple’s CTO, David Schwartz, towards Elon Musk, while seemingly unrelated to XRP or blockchain technology on the surface, underscores the far-reaching impact of Musk’s ventures like Starlink.


Recently, Ripple’s Chief Technology Officer, David Schwartz, utilized a platform not specifically tied to XRP or blockchain tech, such as LinkedIn or Facebook, to convey his appreciation for Elon Musk.

Schwartz tweeted, “Thanks, Elon (Seriously. This is awesome.),” including a screenshot of a message supposedly from Starlink detailing improvements and additions to its services.

Thanks, Elon!
(Seriously. This is awesome.)

— David “JoelKatz” Schwartz (@JoelKatz) September 11, 2024

As an analyst, I am consistently tracking progress within the space industry, and recently, my attention has been drawn to SpaceX’s Starlink project, spearheaded by Elon Musk. This ambitious endeavor is making remarkable strides towards bridging the digital divide by delivering high-speed internet connectivity to remote and underprivileged regions across the globe. The latest advancements in this project have not only piqued my interest but also left me impressed, as I envision the positive impact it will have on countless communities that have been underserved for far too long.

In a manner that echoed throughout the cryptocurrency world on platform X, the Chief Technology Officer’s statement by Ripple struck a chord, highlighting the crypto community’s acknowledgment and approval of Elon Musk’s undertakings.

Schwartz, a significant designer of the XRP Ledger, consistently adds to its growth by providing valuable perspectives that resonate throughout the cryptocurrency world.

At the latest XRP Community Day gathering, the Ripple CTO outlined essential components for developing decentralized finance (DeFi) solutions for institutions on the XRP Ledger (XRPL). These elements include distinctive functions found in the XRPL Automated Market Maker (AMM), compatibility with other platforms, a robust lending system, customizable features, decentralized identifiers, data oracles for real-world information, and versatile tokens.

Ripple hosts blockchain academia at major event

On Twitter, Ripple announced the commencement of its 6th annual UBRI Connect event in Zurich, where top academic minds in the field of blockchain gather.

Over the last seven days, Ripple unveiled a fresh member for its University Blockchain Research Collaboration (UBRC) project.

Yonsei University in South Korea has recently become a part of the UBRI program, making it Ripple’s 58th global partner in this program and the 12th in the Asia Pacific region. This new alliance is with one of South Korea’s most esteemed academic institutions.

Yonsei University is set to spearhead cutting-edge blockchain exploration in various domains, shaping the trajectory of blockchain tech over the coming years. This endeavor encompasses areas like artificial intelligence, finance, information systems, and management – all within the context of a long-term collaboration.

Additionally, the grant will assist in arranging hackathon events and financing the establishment of a XRP Ledger validator at Yonsei University.

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2024-09-11 17:50