Ripple’s Xpring Sponsored Ethereum’s Conference ETH Denver: Ethereum-Ripple Relations In Flux?

Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • Ripple’s Investment Arm Xpring seems to make a remarkable presence at ETH Denver which amused cryptocurrency fanatics.
  • The third annual gathering of ETH Denver, the largest Ethereum hackathon and conference organized to celebrate Ethereum and its development.
  • Ripple is also part of the C++ Standards Committee since 2015 and is also part of W3C for web payments.

The company behind third-largest cryptocurrency Ripple has always been in News mainly because of its mainstream adoption and partnerships. Recently Ripple’s Investment Arm Xpring seems to make a remarkable presence at ETH Denver which amused cryptocurrency fanatics.

The third annual gathering of ETH Denver, the largest Ethereum hackathon and conference organized to celebrate Ethereum and its development. The event attended by developers, companies and cryptocurrency experts worldwide to discuss Ethereum cryptocurrency and ETH2 Upgrade.

Though many renowned personalities attended the event ripple remains the center of attraction.

What was the XRP Army doing at Ethereum’s Event?

To clear the clouds Warren Paul Anderson, product manager for ripple, published a blog post on Xpring, he cleared intentions of Ripple team to “build bridges” with Ethereum. He further thanked people for really taking an interest in this.

Firstly he mentioned that Xpring is an open platform for blockchain developments and the Ripple dev team builds open source solutions and supports all others who do the same.

XRP community support and contribute to the development of open-source projects implementing the C++ (rippled) implementation of the XRP Ledger, the Rust and Java implementations of Interledger Protocol, Codius, Web Monetization, Open Payments, and several other open-source core libraries.

Ripple is also part of the C++ Standards Committee since 2015 and is also part of W3C for web payments.

XRP and Ethereum interoperability

The Xpring dev team believes in making leading blockchain interoperable with one another. For mainstream adoption of blockchain technology and crypto, interoperability plays a significant role.

Further in his blog Anderson praised the Ethereum community for reaching a whopping 1 million developers worldwide. To support Build on Blockchain Mission Xpring team sponsored challenges on Gitcoin leading up to ETH Denver during the Sustain Web 3 virtual hackathon.

Every challenge was focused on the interoperability theme to bridge the gap between XRP Ledger (XRP) and Ethereum (ETH) over Interledger Protocol (ILP). Building Interoperability between XRP to ETH and ERC-20 tokens is crucial, as XRP doesn’t have a compute layer to support Ethereum based complex DeFi smart contracts.

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