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TRX $0.3328 +0.77%
DOGE $0.0730 +5.77%
ADA $0.1654 +1.09%
BCH $210.24 +0.37%
LINK $8.41 +0.75%
HYPE $58.33 -0.99%
AAVE $92.36 -1.89%
SUI $0.7145 +0.14%
XLM $0.1791 +0.77%
ZEC $484.74 -1.51%

Ripple CTO: Staking is about creating new value, while interest income is about the transfer of existing value

2024-12-25 17:09:14
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ChainCatcher news, Ripple's Chief Technology Officer David Schwartz responded to the nature of staking in the crypto market on the X platform. He stated that the creation of new value is fundamentally different from the transfer of existing value; staking belongs to the former, while interest income belongs to the latter. David Schwartz explained, "You are not earning staking rewards; you are creating rewards, and they do not exist before you create them, which is different from someone transferring existing value to you."

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