The post XRP and Chainlink Clash Again as Social Media Feud Returns appeared on BitcoinEthereumNews.com. Chainlink liaison Zach Rynes faced pushback after he labeledThe post XRP and Chainlink Clash Again as Social Media Feud Returns appeared on BitcoinEthereumNews.com. Chainlink liaison Zach Rynes faced pushback after he labeled

XRP and Chainlink Clash Again as Social Media Feud Returns

For feedback or concerns regarding this content, please contact us at [email protected]
  • Chainlink liaison Zach Rynes faced pushback after he labeled the XRP Ledger a “ghost chain.”
  • Ripple CTO David Schwartz, along with XRP backers, responded by defending XRP’s use in payments.
  • Clash continued despite XRP focusing on payments and Chainlink on data and oracle services.

The feud between the Chainlink and XRP communities intensified this past week. This followed Chainlink community liaison Zach Rynes’ public criticism of the XRP Ledger. He called XRPL an obsolete ghost chain and questioned its place in tokenized finance. He added that the network holds only a small share of the real-world asset market and a very limited portion of stablecoin supply.

Those remarks spread fast across crypto social media. XRP supporters saw them as another attempt to weaken XRP’s standing in the market. The exchange soon turned into a wider argument about utility, adoption, and which network has stronger ties to large financial institutions.

Rynes linked his criticism to Ripple’s corporate structure, pointing to Ripple’s reported $750 million share buyback. He argued that XRP holders do not receive the same direct benefit as company shareholders. His posts focused on whether XRP-linked activity helps fund company growth, ignoring token holders.

XRP Supporters Reject the Claims and Defend the Asset

Ripple CTO David Schwartz responded soon after. He said the criticism did not hold up and repeated that XRP sales are part of a long-known distribution model. He rejected the idea that the structure is unfair to holders in the way critics described. 

Other XRP supporters pushed back with Attorney Bill Morgan dismissing the claims and accusing Rynes of spending too much time attacking XRP. XRPL validator Vet defended the ledger’s features, including its native order book and automated market maker. 

Some voices in the XRP community also turned their attention to Chainlink. They argued that Chainlink’s oracle network is not fully dependent on the LINK token for day-to-day functions. They questioned LINK’s economic role, though Chainlink supporters rejected that argument and defended the token’s place in the ecosystem.

At the same time, XRP backers said Ripple and XRP should not be treated as the same thing. In their view, Ripple is a private company, while XRP is a digital asset used for liquidity and settlement. 

Other commentators on Chainlink’s side pointed to protocol revenue and LINK buybacks as a contrast. They presented that structure as a cleaner link between network activity and token value. The supporters also referred to its work with firms such as SWIFT, DTCC, and JPMorgan. XRP supporters answered with Ripple’s payment reach, large transaction volume, and recent inflows into XRP-linked products. 

That kept the discussion centered on institutional finance, even though the two networks are built for different jobs. Chainlink is focused on oracle services, cross-chain tools, and external data. XRP is built for payments and settlement.

Related: Chainlink Price Prediction: LINK Tests $10 Breakout as TPLUS Launch Drives Utility

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-and-chainlink-clash-again-as-social-media-feud-returns/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4314
$1.4314$1.4314
-0.06%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags: