Ripple CTO Enters Heated Discussion Regarding XRPL Clawback Feature

Ripple Labs’ CTO, David Schwartz enters the arguments over Ripple’s clawback feature that allows issuers to move funds back from holders.
Ripple CTO Enters Heated Discussion Regarding XRPL Clawback Feature
Ripple CTO Enters Heated Discussion Regarding XRPL Clawback Feature

The CTO of Ripple, David Schwartz, engaged into a heated argument with a twitter user over a recently suggested feature for Ripple. The new Clawback feature that was suggested on October 2 lies at the heart of the issue since it gives XRPL issuers the right to seize assets from holders.

Chris Thomposon, a twitter user who expressed his opinions on the idea, condemned Clawback, calling it a repulsive feature that compromises user security. He stated that moving assets out of a wallet should require the holder’s signature.

“If you freeze an asset, you force the 2 parties to come to a resolution, if you can’t then the parties can go to court,” Chris said.

Chris was informed by Ripple CTO that he did not comprehend the objection. He claimed that the asset issuer must get involved in both clawbacks and money freezes.

Several other individuals joined the discussion as it continued, with both crypto advocates contributing their arguments and clarifications. As the CTO was discussing Clawback from the issuer’s perspective and others were opposing the feature from the user-side, the discussion became heated.

Schwartz was a major supporter of Clawback and contended that since users may still experience worse outcomes without it, it could not possibly be a loss for them.

More From The Kangaroo Times

Total
0
Shares
Related Posts
Total
0
Share