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ETH $2,485.21 -0.26%
BNB $752.50 +1.70%
XRP $1.42 +1.30%
SOL $103.34 -0.57%
TRX $0.3388 +1.33%
DOGE $0.0900 -0.74%
ADA $0.2195 -0.57%
BCH $258.62 +0.01%
LINK $12.53 -1.85%
HYPE $85.03 -0.24%
AAVE $128.85 -2.70%
SUI $0.8111 -0.84%
XLM $0.1878 -3.10%
ZEC $1,176.77 +3.04%

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

2024-12-25 17:09:14

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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