Ethereum Co-founder Vitalik Buterin Throws Shade At XRP, Ripple Community Responds
• August 13, 2023 2:34 am • CommentsThe co-founder of Ethereum recently threw shade at XRP.
In a video that is making its rounds on Twitter, Buterin says he still believes XRP is completely centralized.
Buterin made his comments while attempting to define what he believes makes a cryptocurrency project part of the crypto space.
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He went on record saying “Has IOTA gotten rid of their coordinator yet? Like XRP, they are still completely centralized.
NEWS ALERT: Ethereum Co-founder Vitalik Buterin Criticizes XRP and Commends Ethereum Community's Resistance to Regulatory Pressures
— Gokhshtein Media🎙️ (@gokhshteinmedia) August 12, 2023
🚨 JUST IN #Ethereum co-founder #Vitalik Buterin says #XRP is completely centralized but still listed as a crypto asset on #CoinMarketCap. #ETH#Ripple pic.twitter.com/SJhD2CTex2
— Crypto Demon Hunter 😈 (@kaitouconan) August 12, 2023
Per Coinpedia
In a recent video that has been widely shared, Vitalik Buterin, co-founder of Ethereum, openly expressed his criticism of XRP. He stated that he believes XRP is still completely centralized.
During a discussion about the criteria for crypto projects’ participation in the industry, Buterin mentioned that not every project is required to follow decentralization principles. He gave examples such as IOTA and XRP to support his argument.
When discussing the centralization of XRP, Buterin raised concerns about whether IOTA had made any advancements in removing its coordinator. He pointed out that similar to XRP, IOTA still remains a fully centralized system.
It is worth noting that, despite being a centralized digital currency, XRP continues to be listed as a cryptocurrency on CoinMarketCap.
Ethereum Founder Says XRP is Completely Centralized and Still Considered as Crypto.
It is worth noting that XRP enthusiasts had previously slammed Buterin over his derogatory comments against XRP and Ripple.
Vitalik Buterin🤡🤡🤡🤡🤡 https://t.co/Kz00oP7CCD
— 🇳🇱 MackAttackXRP® 🇳🇱 64K-XRP-Followers (@MackAttackXRP) August 12, 2023
Crypto Basic covers the story here:
Ethereum co-founder Vitalik Buterin has continued to shade XRP, the fifth-largest cryptocurrency by market capitalization. In a video making the rounds on X, Buterin said XRP is still completely centralized.
Buterin made the remark while highlighting some qualifications crypto projects must have to be part of the space. According to Buterin, crypto projects do not need decentralization while making reference to IOTA and XRP.
“Has IOTA gotten rid of their coordinator yet? Like XRP, they are still completely centralized,” he remarked.
XRP holder’s response:
Ethereum Founder Says XRP is Completely Centralized and Still Considered as Crypto.
It is worth noting that XRP enthusiasts had previously slammed Buterin over his derogatory comments against XRP and Ripple.
Vitalik Buterin🤡🤡🤡🤡🤡 https://t.co/Kz00oP7CCD
— 🇳🇱 MackAttackXRP® 🇳🇱 64K-XRP-Followers (@MackAttackXRP) August 12, 2023
vitalik is george soros' little girl
— Leonardo (@xrpLeoxrp) August 12, 2023
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