Ripple CTO David Schwartz opened fire on a former Ripple founder. What he wrote on Twitter today pits the two altcoin communities against each other.
David Schwartz spoke harshly about Jed McCaleb
On the agenda of the Ripple CTO was co-founder Jed McCaleb, who is known for selling the XRPs he received as compensation after leaving the company. McCaleb founded Stellar (XLM) after leaving Ripple, making two altcoins with the same characteristics rivals. In the meantime, let’s point out that McCaleb has no more XRP to sell.
In the hot development, David Schwartz delivered a harsh message to McCaleb. Schwartz hints that Stellar founder McCaleb has been circulating within the crypto community like a living grenade. He cautioned, however, to be wary of McCaleb.
If @JedMccaleb12 throws a pin at you, *RUN*. The crazy fool certainly doesn't realize he's holding a live grenade. https://t.co/n5WewXnHjk
— David "JoelKatz" Schwartz (@JoelKatz) May 8, 2023
Quoting a video clip of a police officer accidentally firing a live grenade from a car, Schwartz said, “If Jed McCaleb has a bomb, AVOID. The crazy idiot definitely doesn’t realize he’s holding a live grenade,” he tweeted.
Tweet fuels rivalry between Ripple and Stellar
Schwartz’s statements increased the rivalry between Ripple and Stellar and sparked mixed reactions in the crypto community. Some think Schwartz’s tweet is just a joke. Others argue that because of McCaleb’s place and influence in the crypto world during his transition from XRP to Stellar, Schwartz’s words should be taken seriously.
Background
Recently, McCaleb ridiculed Ripple for its endless legal battle with the SEC. The XLM co-founder asked SEC chairman Gary Gensler to come and “fix things,” citing an update on XRP’s latest schedule in Las Vegas.
Looks like the ass kissing Olympics is going swell. Somebody get Gensler in here to set things straight. https://t.co/kLgTEZ7KNW
— Jed McCaleb (@JedMccaleb12) May 8, 2023
In McCaleb’s tweet, CryptoVan asked if he felt left out. “Stellar is always there for him,” Schwartz replied sarcastically.
Feeling left out?
— CryptoVan (@CryptoVan1) May 8, 2023
Ripple and Stellar rivalry
It is unclear when the two crypto communities started attacking each other. However, in a tweet back in August last year, a crypto phenomenon asked the Ripple CTO what his biggest criticism was towards XLM Ledger. Despite not responding, McCaleb wrote instead: “XLM is a threat to XRP.”
McCaleb’s response makes it clear that both altcoins are at odds, as one considers them to be a threat to the other.
What is your biggest criticism of the XLM ledger?
— xrpdarren (@Fame21Moore) August 7, 2022
Ripple and Stellar are 2 Blockchain-based payment solutions that aim to revolutionize the financial industry. The conflict between them isn’t waning anytime soon, as both often fight for dominance. cryptocoin.comWe have mentioned that David Schwartz has made harsh statements about Uniswap before.
