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I just found out that Schwartz, the CTO at Ripple for years, is retiring from day-to-day operations. Basically, he becomes an “CTO emeritus” but remains active in the XRP community. What’s interesting is that he says he wants to focus on his family and personal projects with XRP—he’s experimenting with nodes, researching new use cases, and programming just for fun.
Dennis Jarosch will take over the technical operations now. Schwartz has been at Ripple since 2011 and was one of the people who designed the XRP Ledger from scratch. So this move is quite significant—although he isn’t leaving entirely; he’s still on the board.
Meanwhile, XRP is at $1.35, down 0.94% over the past 24 hours. Ripple is expanding the XRP Ledger beyond payments, with its stablecoin RLUSD. Do you think Schwartz will continue to be relevant from a less operational position? 🤔