Ripple CTO: Pledge belongs to creating new value, while interest income belongs to transferring existing value
Dec 25, 2024 09:02
PANews, December 25i - Ripple Chief Technology Officer David Schwartz responded to the nature of staking in the cryptocurrency market on the X platform, stating that the creation of new value and the transfer of existing value are fundamentally different, with staking belonging to the former and interest income belonging to the latter. David Schwartz explained, "You are not earning staking rewards, but creating rewards that do not exist before you create them, which is different from someone transferring existing value to you
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