AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Defiant - DeFi Podcast
Revisiting Ripple: New Stablecoin, Airdrops, Network Attacks, and The SEC Case
Jun 3, 2024
01:08:45
Snipd AI
David Schwartz, CTO of Ripple, discusses XRP tokenomics, network attacks, Ripple's legal battles with the SEC, and the launch of a new stablecoin. They explore Ripple's evolution, the future of DeFi on the XRP ledger, and plans for incorporating smart contracts.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Ripple prioritizes decentralization and efficiency in global financial transactions, inspired by Bitcoin's public ledger.
- XRP Ledger's proof of association consensus model fosters cooperation and ignores malicious actors disrupting transactions.
Deep dives
Founding Story of Ripple
Ripple's founding story traces back to Bitcoin's era, emphasizing decentralization over proof of work. Bitcoin's public ledger inspired Ripple to create a decentralized payment system with multi-currency capabilities and faster transactions at lower costs. The XRP ledger, designed without proof of work in June 2012, aimed to revolutionize global financial transactions by focusing on decentralization and efficiency.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode