Self-Proclaimed Satoshi Accuses Ripple’s Schwartz of ‘XRP-Style’ Control Projection
The post Self-Proclaimed Satoshi Accuses Ripple’s Schwartz of ‘XRP-Style’ Control Projection appeared on BitcoinEthereumNews.com.
Ripple CTO David Schwartz and Craig Wright, posting under the pseudonym S. Tominaga recently, exchanged sharp arguments on X. Wright directly accused Schwartz of attempting to project control mechanisms, which he believes are characteristic of XRP, onto systems that lack centralized governance, such as Bitcoin. The trigger for the dispute was Wright’s claim that a stable protocol does not require authority or coordination. David Schwartz called this “nonsense,” arguing that maintaining the status quo is not the absence of action but an active process. Why Wright claims Schwartz misunderstands decentralization According to Schwartz, if there are groups that want to change the system, they must be actively restrained from doing so, using the same mechanisms that could otherwise be used to implement changes. Ripple Vet Questions NYT Reporter’s Satoshi Hunt Proof Midnight (NIGHT) Open Interest 100% Spike Could Be Followed, Ethereum’s (ETH) Only Possibility to Reach $3,000, XRP to Face Crucial Resistance Next Week: Crypto Market Review Wright responded by accusing Schwartz of bias. He stated that Schwartz is basing his reasoning on the Ripple model, where changes are expected, coordinated and imposed, and is incorrectly presenting it as a universal standard. According to Wright’s position, Schwartz is describing systems in which certain actors do in fact control the evolution of rules, and is projecting this experience onto protocols such as Bitcoin, which were specifically designed to eliminate the very possibility of such control. More nonsense. To leave a system unchanged when there are those who wish to change it and when it has a mechanism people can use to enforce their chosen rules, you must prevent those who wish to change it from doing so. — David ‘JoelKatz’ Schwartz (@JoelKatz) April 12, 2026 You Might Also Like Wright emphasized that in a fixed system, changes are not “prohibited” socially, they are simply not…
Filed under: News - @ April 12, 2026 11:30 am