Kaj Leroy, the creator of the highly regarded Xpunks NFT collection and a well-known figure in the XRP Ledger community, has gained notice lately for his comparative examination of blockchain technologies. In a recent speech, Leroy provided commentary on the situation of XRPL today and compared it to Solana, which sparked a lot of conversation among the locals.
Leroy clarified the continuous difficulties that XRPL faces, focusing in particular on problems with its automated market maker (AMM) feature. He emphasised Ripple’s warning not to use the AMM because of built-in vulnerabilities that might impede transaction processing. The creator bemoaned the consequences of these errors, expressing sympathy for the impacted companies and individuals who have suffered financial losses.
https://x.com/BradPunkhouse/status/1771860968915546389?s=20
Leroy’s main point in his speech was the comparison he made between Solana and XRPL, outlining how better the latter was thought to be. Leroy compared the trajectory of SpaceX to that of other companies, highlighting the inevitable nature of periodic failures in the quest of innovation and highlighting Solana’s fortitude in the face of sporadic technical challenges.
In contrast to XRPL and XRP’s present situation, he praised Solana’s strong technology, expanding market adoption, and token success as reasons contributing to its popularity.
Catch-up play
Leroy further rejected the idea that XRPL’s adoption of AMM represents a novel breakthrough, seeing it instead as a tardy attempt to conform to accepted industry norms. He said that XRPL’s tardiness in implementing these functionalities indicates a need for significant enhancements in order to be competitive in the rapidly changing blockchain market.
In addition to strongly criticising XRPL’s flaws, Leroy calls for revolutionary changes to secure the company’s survival in a highly competitive ecosystem. How the XRP community reacts to such harsh remarks is still to be seen.
