Ripple CTO David Schwartz has weighed in on the continuing discussion on X about Bitcoin (BTC), Ethereum (ETH) and the XRP Ledger (XRPL), highlighting the technical advantages of XRPL’s transaction model over Bitcoin.
Schwartz spoke back to an X user who when in contrast the XRP Ledger, Bitcoin and Ethereum transaction mechanisms, pronouncing: “I agree with or not it is honest obvious that the technical advantages of XRPL’s transaction model give it an profit over Bitcoin. For Ethereum, given the mix of advantages and downsides, I agree with they each and each possess applications they’re better for. When Bitcoin tends to web, or not it is on the whole because or not it is Bitcoin and not for any technical causes.”
I agree with or not it is honest obvious that the technical advantages of XRPL’s transaction model give it an profit over bitcoin. For ethereum, given the mix of advantages and downsides, I agree with they each and each possess applications they’re better for. When bitcoin tends to web, or not it is on the whole because…
— David “JoelKatz” Schwartz (@JoelKatz) February 24, 2025
This means that whereas Bitcoin dominates the market, its success is largely pushed by its first-mover profit and price recognition besides its technical superiority.
The Ripple CTO also commented on a associated X put up that debated which had “better tech,” between Ethereum, Solana and Bitcoin. Expressing his search, Schwartz believes that “ETH and SOL are better tech than BTC, which is natural—they came later. But BTC can not and would per chance presumably not strive to adapt at layer one because BTC’s price does not come from having superior tech to other cryptocurrencies at layer one, nor must peaceable it.”
XRP Ledger at intermediary site
Schwartz elaborated on XRPL’s site, calling it an intermediary between Bitcoin and Ethereum in phrases of performance and complexity: “XRPL is at an intermediary site, with among the advantages of Ethereum (such as more complex performance than Bitcoin) and among the advantages of Bitcoin (hardware wallets can know precisely what a transaction would per chance perhaps also set aside), nonetheless also among the disadvantages of each and each of them, to illustrate, much less performance than Ethereum and more complexity than Bitcoin.”
The Ripple CTO became reacting to a tweet from Pierre Rochard, VP of Research at Rebellion, in regards to the diversifications between Bitcoin and Ethereum transaction processes.
Bitcoin employs a UTXO (Unspent Transaction Output) model, which permits customers to explicitly signal off on how particular funds circulate from existing outputs to newly created outputs.
Ethereum, on the opposite hand, employs an memoir-primarily based model that intertwines straightforward fund transfers with the aptitude for extraordinarily sophisticated natty contract interactions. This intricacy outcomes in a more error-inclined user expertise, in particular for hardware wallets. Then all as soon as more, from a user-expertise standpoint, Bitcoin’s simplicity has a obvious profit over hardware wallets.
