Ripple’s Smart Contract Secret: A Jane Austen Twist!

Dear Reader, it is with the utmost propriety that we unveil the latest discourse from the illustrious David Schwartz, CTO of Ripple, who has graciously deigned to share his insights on the XRP Ledger’s foray into smart contracts. One might say that the XRP Ledger is not seeking to outdo its peers in the realm of programmability, but rather to offer a modest degree of innovation, much like a well-mannered guest at a ball-polite, not too bold, and certainly not a rival to the grandest of soirées. 📜✨

Mr. Schwartz, in a most convivial discussion on X space, was joined by esteemed colleagues such as Mayukha Vadari and the enigmatic Bias Goose, among others. The discourse, titled “Programmability on XRPL,” was as spirited as a country dance, with each participant contributing their own unique steps to the conversation. 🕑💃

Vet, a distinguished validator of the XRP Ledger dUNL, has kindly summarized the CTO’s four points, which, one might argue, are as clear as the morning dew on a summer’s day. Notably, Mr. Schwartz posits that the XRP Ledger need not aspire to be the pinnacle of smart contract platforms, but rather, a mere whisper of programmability, akin to a gentle breeze rather than a tempest. 🌬️

Indeed, the CTO’s vision is one of measured progress, where smart contracts serve to enhance native features rather than overshadow them. “If you cannot connect native features together,” he remarked, “they are as useful as a teacup without tea.” A most astute observation, one might say. 🍵

Moreover, safety remains paramount, with Mr. Schwartz advocating for small, deliberate steps. “Measured steps,” he insists, “will yield the best real-world feedback.” A sentiment as prudent as it is sensible, though one wonders if the ledger’s detractors might find such caution as dull as a Sunday sermon. 🕯️

As for the XLS-101 smart contracts, they are not, as some might mistakenly believe, a mere replica of Ethereum’s grand designs. Rather, they are a distinct entity in their own right, drawing inspiration from the likes of Xahau’s Hooks and the EVM, yet forging their own path. A most admirable feat, akin to a young lady navigating society with both grace and individuality. 🌟

XLS-101 Smart Contracts: A Distinctive Dance

Mayukha Vadari, a most diligent software engineer at RippleX, has kindly reminded all that XLS-101 smart contracts are not EVM-based, a fact that some may have overlooked in their haste to compare. This distinction, one might argue, is as vital as a proper introduction at a ball. 🎭

In conclusion, the XRP Ledger’s approach to smart contracts is a testament to the virtues of restraint and elegance. While others may seek to outshine, this ledger prefers to outwit, with a touch of wit and a dash of charm. A most admirable pursuit, indeed. 🧠💖

Read More

2025-11-28 14:59