Cryptos Platform logo Cryptos Platform logo
Cryptoknowmics 2022-07-21 11:29:35

Rumors of XRPL Developing Debit/Credit Card for Xumm Wallet Are False

Wietse Wind, the founder of XRPL Labs, has refuted rumors that the company plans to develop a card payment system for Xumm Wallet. XRPL Labs Not Developing Credit Card For Xumm Wallet In a tweet post shared today, Wietse Wind clarified that the rumors of XRPL Labs developing a debit/credit card payment system are false and that there won’t be any such plans in the future. I just received a message informing me that there's a rumour spreading that @XRPLLabs is working on a @XummWallet debit/credit card. This is *not* the case. The rumour is false. There will not be a CC and those plans will not change. (1/..) — WietseWind – 🛠 XUMM @ XRPL Labs (@WietseWind) July 21, 2022 According to Wind, credit card systems are often associated with inefficiencies, including high transaction fees; there is no point in re-introducing the same downsides and inefficiencies. Also, introducing a card payment system would spoil the plan for a complete shift to XRPL payments. He does acknowledge that the idea of XRPL payments may or may not ever work out, but they must at least try. He said he won’t go through the easy route of “hacking the old system on top of a new; more efficient one.” While there’s a need for a bridge to link the two sides, he argues that re-introducing cards as they traditionally are would not be a smart solution. Instead, the best solution would be to develop an offramp/onramp system to facilitate instant swaps between fiat an...

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约