Ripple CTO Addresses Smart Contract Controversy

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Ripple CTO Addresses Smart Contract Controversy
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Ripple CTO David Schwartz has responded to the CEO of XRP Labs

However, the announcement was met with criticism from Wietse Wind, a developer who has been active in the XRPL community since 2016.

Wind, the CEO of XRP Labs, says that his software development firm initially introduced a layer-1 smart contract solution called Hooks four years ago. He noted that their efforts had culminated with the launch of the Xahau sidechain that allows people to experiment with hooks. The developer stated that the company experienced"mixed emotions" after finding out about Ripple's new programmability efforts given that this shift took place"frustratingly late."

Wind took aim at Schwartz, arguing that Ripple suddenly changed its tune on smart contracts despite the fact that the CTO rejected the idea of bringing smart contracts to the XRP Ledger just three months ago. Such"whimsical pivots" do not bode well for a thriving ecosystem, according to Wind.

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