Ripple CTO Holds Bitcoin despite Thinking Proof-Of-Work Has no Future

Here’s What Ripple Has to Say about ICOs

David Schwartz, one of the original architects of the Ripple consensus network, doesn’t see XRP being the one digital asset to rule them all any time soon and holds an unspecified amount of bitcoin despite calling its Proof-of-Work consensus algorithm a “technological dead-end.” Ripple CTO Offers Interesting Insight David Schwartz, the newly appointed CTO and former chief cryptographer at Ripple,…

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Source: BTC Manager