Ripple CTO hits back at Vitalik Buterin for his XRP dig

David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem to eBay shareholders, which he says makes also from BTC and ETH a security.

David Schwartz, Ripple's CTO, didn't take too kindly to Ethereum co-founder Vitalik Buterin's research on XRP. In a discussion that began around the recent $30,000 limit imposed by the Ontario crypto exchange on purchases of altcoins, excluding Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

Buterin, in a quoted response to a tweet, praised the Ethereum community's pushback against regulations that favor ETH over other legitimate cryptocurrencies. David Hoffman, the founder of decentralized media and education platform Bankless.eth responded to Buterin and said that he wouldn't mind if they restricted XRP.

XRP already lost its right to protection when it tried to throw us under the bus as imo" controlled by China ":https://t. co/t6cbMtjsEV

Buterin joined in the bashing of XRP by claiming that they lost their right to protection when they tried to “throw us under the bus while they were controlled by China”. Buterin's response created a storm among XRP followers on Twitter, and the debate was later joined by Ripple CTO David Schwartz himself.

Buterin was referring to defending Ripple in their ongoing legal battle against the United States Securities and Exchange Commission (SEC...