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Ripple's CTO David Schwartz announced his retirement from daily work, but this guy made it very clear—he's not really leaving the XRP community. He's just switching to an "honorary CTO position," focusing on family while continuing to tinker with XRP Ledger on his personal projects.
David Schwartz said in a post that he's been building XRPL nodes and experimenting with new application scenarios recently, which are the things he truly loves. He emphasized that he will continue to participate in the community, even saying "you haven't seen the full extent of me yet." This guy has been with Ripple since 2011, one of the core architects of XRP Ledger, and has been the most active voice in the community since being promoted to CTO in 2018.
His successor is Dennis Jarosch, currently Vice President of Engineering, who will take over technical operations. But from David Schwartz's tone, it seems more like he's returning to his original passion—to do what truly excites him, rather than being bound by management duties.
By the way, XRP's current price is $1.35, up 0.74% in the last 24 hours. Ripple is also expanding the application scenarios of XRP Ledger, not just for payments but also promoting their stablecoins and asset tokenization. Interestingly, Schwartz's move might signal a strategic shift for Ripple.