Ripple CTO David Schwartz defends XRP after Kraken statements
The cryptocurrency market has been abuzz with multiple news updates which have come as a result of the deep chain reorganization on the Ethereum Classic [ETC] network. The shakeup also resulted in multiple exchanges like Barfly and Kraken to closely monitor ETC transactions.
Schwartz focused his reply on the fact that Ripple is just the parent company under which xRapid, xVia and xCurrent functions along with XRP. Many XRP enthusiasts followed Schwartz’s path, stating the faults with the cryptocurrency exchange as well as Kraken’s official handle. The deep chain reorganization on the Ethereum Classic blockchain had resulted in funds worth $460,000 being manipulated on the network. This was first pointed out by Coinbase who had revealed