Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy

18/06/2026

PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

18/06/2026

XPower Finance and HPX Unite to Bring AI-Powered Finance to X Layer

18/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation

    18/06/2026

    Bitcoin Breaks Above 200-Day Moving Average! Last Time This Happened in 2020, Is This a Bullish Signal? Here Are the Details

    18/06/2026

    Metaplanet delays preferred share listing amid challenging Japanese market structure

    18/06/2026

    Bitcoin price drops below $80,000 as U.S. investors lead selloff

    18/06/2026

    Ali Martinez Reveals Bitcoin, Ethereum, and XRP Bottom Targets

    17/06/2026

    Parataxis Ethereum Expands Crypto Holdings with 398 ETH Purchase

    16/06/2026

    F2Pool Founder Moves $26.4 Million in ETH From Binance, On-Chain Data Shows

    16/06/2026

    Fear Index at 12 as ETH Clings to $1,660

    16/06/2026

    PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

    18/06/2026

    Shytoshi Kusama Update Sparks SHIB Speculation

    18/06/2026

    A Powerful New Crypto Leverage Tool

    18/06/2026

    Polygon Powers JPYC Past $100M as Japan’s Stablecoin Market Accelerates

    18/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Dogecoin Notes Shibes Have Been ‘Quiet Lately’ And Then The Internet Showed Off What Everyone Has Been Silently Building

    09/06/2026

    Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit

    09/06/2026

    Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy

    18/06/2026

    PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

    18/06/2026

    XPower Finance and HPX Unite to Bring AI-Powered Finance to X Layer

    18/06/2026

    Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation

    18/06/2026
  • Blockchain

    XPower Finance and HPX Unite to Bring AI-Powered Finance to X Layer

    18/06/2026

    XRP Ledger Integration with x402 Makes this a Reality

    18/06/2026

    Algorand Launches Global x402 Challenge to Accelerate AI-Powered Commerce

    18/06/2026

    KRWQ stablecoin adoption sets a first with Chainlink reserve proof

    18/06/2026

    Hashgraph Group and Truesense File Patent for Physical-Digital Identity

    18/06/2026
  • DeFi

    Liquify DAO and M3 DAO Partner to Advance Web3 Growth and Community Expansion

    17/06/2026

    HashKey Chain Partners Morpho to Blend Compliance and DeFi for Institutional CeDeFi and RWA Lending

    17/06/2026

    Grayscale Analysis Pegs AAVE as Undervalued, Sets $175 Bull Case Target

    17/06/2026

    DeFi Lending and DEX Fees Slump as Leverage Drains Out After June Selloff

    17/06/2026

    JustLend DAO launches Supply and Borrow Market V2 with isolated lending architecture

    17/06/2026
  • Metaverse

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy

    18/06/2026

    S&P 500 just flashed eerie Dot-com bubble–style pattern

    18/06/2026

    Stablecoins can help businesses turn costs into revenue, Paxos Labs cofounder says

    18/06/2026

    Web3 VCs have a differentiation problem

    18/06/2026

    Charles Schwab is bringing Bitcoin to its 39 million clients – but without the protections they expect

    18/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Castrum Istanbul Makes Strategic Investment In AIPayWithCrypto, Expanding Global Crypto Access

    18/06/2026

    Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’

    18/06/2026

    15 Altcoins See a Boom in Trading Volume in South Korea – XRP Is No Longer at the Top; Here’s the List

    17/06/2026

    Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks

    17/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Blazpay Taps Agent War to Boost Innovation AI -Powered GameFi

    11/06/2026

    A Second Nation Just Built a State Bitcoin Mining Pool — Oman’s Omanhash.om Redraws the Map

    18/06/2026

    Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

    17/06/2026

    Crypto Miner MARA Buys 1,000 Bitcoin

    16/06/2026

    India Should Mine Bitcoin Domestically to Curb Dollar Outflow, Says Crypto Educator

    16/06/2026

    EU approves sanctions on violent West Bank settlers and Hamas figures

    18/06/2026

    European Union approves sanctions on West Bank settlers and Hamas leaders after Hungary’s veto era ends

    18/06/2026

    Cultural Landscape Foundation sues over Trump’s Reflecting Pool renovations

    18/06/2026

    Lawsuit claims OpenAI’s ChatGPT enabled Florida State shooting by advising gunman to target children

    18/06/2026

    Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy

    18/06/2026

    PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

    18/06/2026

    XPower Finance and HPX Unite to Bring AI-Powered Finance to X Layer

    18/06/2026

    Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation

    18/06/2026
  • MarketCap
NBTC News
Home»Altcoins»Ethereum Sidechain Is Biggest Attack on XRP Ledger, Convinced Foundation Official
Altcoins

Ethereum Sidechain Is Biggest Attack on XRP Ledger, Convinced Foundation Official

NBTCBy NBTC02/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In a recent discussion within the XRP community, Thomas Silkjær, the head of analytics and compliance at XRPL Foundation, voiced concerns over the emergence of Ethereum Virtual Machine (EVM) sidechains, labeling them as the “single biggest direct attack” on the XRPL protocol. Expressing his personal opinion, Silkjær criticized the promotion of EVM sidechains by entities supposed to advocate for XRPL’s interests.

According to Silkjær, these sidechains offer little to no benefit to the XRPL ecosystem, failing to enhance its appeal to new developers or align with its unique development ethos. He highlighted a perceived shift away from the original principles of XRPL development, as articulated by David Schwartz, Ripple’s chief technology officer.

Schwartz had previously emphasized a commitment to innovation rather than imitation, contrasting it with the current trend of adopting EVM sidechains.

The attack is not that you can bridge to an EVM chain, because you already can. It is the fact that it’s being pushed with marketing that makes it sound like it’s “the XRPL”. The XRPL is being watered down by the entity that was supposed to protect it.

— Thomas Silkjær (@Silkjaer) February 11, 2024

Silkjær lamented the loss of focus on attracting smart contract developers to XRPL through innovative technologies developed in the XRPL spirit. He expressed concern over a perceived pivot toward a more XRP-centric agenda rather than a technology-driven one within the stewardship of XRPL.

Community notes

The discussion coincides with growing speculation within the community regarding the circulation of approximately $36 million worth of XRP on alternative chains, wrapped as assets.

Did Silkjær’s remarks shed light on the internal deliberations within the XRPL Foundation and the broader XRP community regarding the strategic direction of the protocol in the face of evolving industry trends?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

18/06/2026

Shytoshi Kusama Update Sparks SHIB Speculation

18/06/2026

A Powerful New Crypto Leverage Tool

18/06/2026

Polygon Powers JPYC Past $100M as Japan’s Stablecoin Market Accelerates

18/06/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy

18/06/2026

PUMP Token Buyback Surpasses 35% of Circulating Supply in Landmark Move

18/06/2026

XPower Finance and HPX Unite to Bring AI-Powered Finance to X Layer

18/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.