David Schwartz Says XRPL Consensus Was “Just Shareholder Choice,” Not XRP Staking

13-May-2026 The Crypto Basic

Ripple ex-CTO David Schwartz has clarified that the XRP Ledger’s consensus model was never designed around XRP staking or validator rewards. Instead, XRPL relies on what he described as “shareholder choice” to maintain consensus and prevent double spending.

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