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ETH $1,565.43 -6.12%
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ADA $0.1586 -3.31%
BCH $217.34 -2.78%
LINK $7.38 -2.96%
HYPE $58.92 -5.33%
AAVE $61.73 -5.32%
SUI $0.7171 -1.07%
XLM $0.1990 +4.47%
ZEC $365.77 +15.74%

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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