{"id":76215,"date":"2024-04-16T05:16:19","date_gmt":"2024-04-16T09:16:19","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=76215"},"modified":"2024-04-16T05:16:22","modified_gmt":"2024-04-16T09:16:22","slug":"ripples-cto-criticizes-elon-musks-plan-for-new-x-users","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ripples-cto-criticizes-elon-musks-plan-for-new-x-users\/","title":{"rendered":"Ripple&#8217;s CTO Criticizes Elon Musk&#8217;s Plan For New X Users"},"content":{"rendered":"\n<p>David Schwartz, <a href=\"https:\/\/coinscreed.com\/staging\/ripple-cto-david-schwartzs-position-on-xrp-dump-debate.html\" target=\"_blank\" rel=\"noreferrer noopener\">the CTO of Ripple, <\/a>criticised Elon Musk, over his advanced proposal to impose fees on new users of the X platform.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-1024x683.jpg\" alt=\"\" class=\"wp-image-76230\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-1024x683.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-300x200.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-768x512.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-1320x880.jpg 1320w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-750x500.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3-1140x760.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Ripple's CTO Criticizes Elon Musk's Plan For New X Users<\/figcaption><\/figure>\n\n\n\n<p>Amid tech titans, the proposal to address the significant problem of spam and false accounts has sparked a fervent debate. This group's Prominent individuals include David Schwartz, CTO of Ripple Labs, <a href=\"https:\/\/zachxbt.org\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Zach XBT,<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> and Elon Musk himself.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ripple-s-cto-critics-elon-musk-s-most-recent-action\">Ripple's CTO Critics Elon Musk's Most Recent Action<\/h2>\n\n\n\n<p>Elon Musk defended the necessity of charging fees to new users in a post on X. Furthermore, he emphasizes the lack of distinct usernames and the widespread use of bots as major concerns. Musk wrote in a post on X, \u201cUnfortunately, a small fee for new user write access is the only way to curb the relentless onslaught of bots.\u201d<\/p>\n\n\n\n<p>Furthermore, he emphasized the difficulties that are presented by counterfeit accounts. Further, Musk underscored the importance of implementing rigorous protocols to protect the user experience. <\/p>\n\n\n\n<p>Still, Musk's sentiments are not shared by all. <a href=\"https:\/\/ripple.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ripple Labs<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> CTO David Schwartz further fueled the controversy by vehemently criticizing Musk's position.<\/p>\n\n\n\n<p>According to Schwartz, Musk compromised the foundational tenets of free expression on the platform for practicality. He declared, \u00a0\u201cNow, keeping some lawful speech off X just because it\u2019s annoying is so important that you\u2019re going to change the fundamental dynamics of the site to make it possible?!\u201d<\/p>\n\n\n\n<p>Furthermore, the CTO of Ripple underscored the differentiation between addressing automated bot activity and impeding lawful dialogue. Moreover, he denounced placing expediency above the principle of freedom of expression. <\/p>\n\n\n\n<p>The condemnation by Ripple CTO Schwartz ignited a discourse concerning the essence of censorship and the criticality of safeguarding a wide range of perspectives.<\/p>\n\n\n\n<p>Schwartz agreed with a user's claim that silencing political speech is not the same as silencing machines, emphasizing the subjective character of censorship. Moreover, the CTO of Ripple posited that although objectionable discourse might diminish the caliber of the platform, it ought not to serve as justification for censorship.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-zachxbt-joins-the-debate\">ZachXBT Joins The Debate<\/h3>\n\n\n\n<p>When queried about possible resolutions to the current dilemma, Schwartz suggested a straightforward yet substantial remedy: exercising reflective thought before expressing one's opinion. \u201cThe problem of people saying incredibly dumb things without thinking about them for even a second can be solved by people thinking for a few seconds before they speak.\u201d stated Schwartz of Ripple.<\/p>\n\n\n\n<p>Furthermore, ZachXBT, a Web3 investigator, expressed doubt concerning the effectiveness of said measures. Concerning the viability of Elon Musk's suggested approach, he drew attention to the widespread occurrence of verified fraudulent accounts.<\/p>\n\n\n\n<p>A screenshot of a bogus Wormhole account featuring a verified mark, which attempted to defraud users with fraudulent airdrop posts, was utilized by ZachXBT to substantiate his claim. <\/p>\n\n\n\n<p>ZachXBT penned, &#8220;I wonder if I concur that this will produce the outcomes you anticipate. Scammers purchase hundreds of business-verified fake accounts weekly for tens of thousands of dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Schwartz, the CTO of Ripple, criticised Elon Musk, over his advanced proposal to impose fees on new users of the X platform. Amid tech titans, the proposal to address the significant problem of spam and false accounts has sparked a fervent debate. This group&#8217;s Prominent individuals include David Schwartz, CTO of Ripple Labs, Zach [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":76230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5603,8658,15583],"class_list":["post-76215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-elon-musk-2","tag-ripple-labs-2","tag-x-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/llbw-3.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/76215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=76215"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/76215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/76230"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=76215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=76215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=76215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}