Ripple's Chief Technology Officer criticizes influential figure from Litecoin for aggressive comments regarding XRP.
In the world of cryptocurrencies, the long-simmering feud between proof-of-work (PoW) cryptocurrencies and XRP has once again come to the forefront. The latest round of this battle was initiated by Jonny Litecoin (@jonnylitecoin), a prominent Litecoin influencer, who recently stated that Litecoin, which enters coins via a PoW system, is superior to XRP, which is created with just lines of code.
This statement is a continuation of the ongoing feud between the Litecoin and XRP communities. The Litecoin account's actions have been met with a violent clapback from the XRP community, but the account has refused to back down. The behavior towards XRP and its CEO, Brad Garlinghouse, has been criticized by the XRP community.
Ripple's CTO, David Schwartz, has joined the fray, arguing that Litecoin and XRP are essentially equivalent products. However, he implies that XRP will gain more popularity due to its sustainability, as PoW cryptocurrencies have been framed as wasteful and environmentally harmful. Ripple has been promoting XRP's "green cred" and co-founder Chris Larsen has teamed up with Greenpeace to advocate against Bitcoin's PoW consensus algorithm, which also powers Litecoin.
The XRP community has been targeted by the official Litecoin cryptocurrency account, with reports of mocking and attacks being levelled at XRP. The incident was reported by U.Today, but there is no specific information available about who supported the Litecoin community during the previous conflict with the XRP community.
The Litecoin account questioned whether the XRP network has any value despite its $169 billion market cap. This statement has sparked a heated debate within the cryptocurrency community, with some siding with Litecoin's assertion and others defending XRP's value. The incident highlights the ongoing tension between proof-of-work cryptocurrencies and XRP.
As the feud continues, it remains to be seen how the two communities will navigate their differences and whether they can find common ground in the ever-evolving world of cryptocurrencies.
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