May 5, 2024

Taylor Daily Press

Complete News World

Google is connected to Ripple’s XRP network

Google is connected to Ripple’s XRP network

An eye-catching message on X, formerly Twitter, caused a stir in the XRP community. edo farina, Head of Social Adoption In XRP Healthcare, he draws a potential connection between Google and Ripple’s XRP Ledger (XRPL).

Farina suggests that tech giant Google runs a so-called “node” on XRPL:

Nodes are computers on the blockchain network responsible for checking and validating transactions.

🎁 This week: Trade your first €10,000 of cryptocurrencies absolutely free


The unveiling of Google’s ‘node’ on XRPL faces controversy

Farina compares Google’s node to a similar node from tech giant Microsoft.

In response to these rumours, XRP Community Ambassador Daniel qualified Farina’s revelations. He stated in a response that although it is a Google IP address, it probably relates to a Google Cloud customer or partner and not Google itself.

“This is Google Cloud IP, and someone is likely running Ripple on it, which means the customer is doing it.”

Ripple attracts major technology giants and national banks

Rumors in the cryptocurrency community regarding a Google node on XRPL caused mixed reactions. Despite the uncertainty surrounding Google’s role in this issue, Ripple continues to develop positively in the cryptocurrency industry.

Ripple recently launched its new payment platform, Ripple Payments. The company was also selected as a partner of the National Bank of Georgia.

Ripple’s proven services and controversial CBDC platform led to collaboration on a digital Lari pilot project. This digital currency for Georgia will serve as the country’s central banking currency.

See also  Record peak energy prices: The average annual natural gas and electricity bill rises to an all-time high | Instagram news VTM

The lawsuit between Ripple and the US Securities and Exchange Commission (SEC) also remains a sensitive topic. Ripple CEO Brad Garlinghouse said this week that the company will continue to defend its XRP token all the way to the Supreme Court.