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Ripple's Schwartz Joins XRP Ledger Foundation

By Alex Dovbnya · Published May 11, 2026 · 2 min read · Source: U.Today
Altcoins

Ripple's Schwartz Joins XRP Ledger Foundation

News By Alex Dovbnya Mon, 11/05/2026 - 20:55 The XRP Ledger Foundation (XRPLF) has appointed Ripple Chief Technology Officer David Schwartz as an Honorary Board Member. Advertisement Ripple's Schwartz Joins XRP Ledger Foundation
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The XRP Ledger Foundation (XRPLF) has officially announced a major addition to its leadership ranks, welcoming Ripple Chief Technology Officer David Schwartz as an Honorary Board Member. 

The appointment brings one of the most prominent and deeply knowledgeable figures in the cryptocurrency space directly into the fold of the independent non-profit tasked with fostering the XRPL ecosystem.

The Foundation announced the news via X (formerly Twitter), highlighting Schwartz’s foundational role in the creation of the network.

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"We’re honored to welcome David Schwartz (@JoelKatz) as an Honorary Board Member of the XRP Ledger Foundation," the organization stated. "As one of the original architects of the XRP Ledger, David brings deep technical insight and a long-term perspective that will help strengthen the Foundation’s technical stewardship of the ecosystem."

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The original architect

Schwartz, known affectionately across the crypto community by his handle "@JoelKatz," is a legendary figure within the XRP ecosystem. In 2011, alongside Arthur Britto and Jed McCaleb, Schwartz was a core developer who built the original code for the XRP Ledger—designing it as a faster, more energy-efficient alternative to the Bitcoin blockchain.

Currently serving as the CTO of Ripple, Schwartz has remained the most vocal and technically authoritative advocate for the XRPL, frequently engaging with developers, validators, and community members on social media to debate protocol mechanics and future upgrades.

Strengthening technical stewardship

The XRP Ledger Foundation operates as an independent, non-profit entity separate from Ripple. Its primary mandate is to support the growth, security, and decentralized development of the XRP Ledger. This includes managing core code repositories, maintaining a publisher Unique Node List (UNL) for validators, and supporting global developer initiatives.

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By bringing Schwartz on as an Honorary Board Member, the XRPLF is signaling a strong commitment to robust technical governance. While his role is "honorary," his decades of applied cryptography experience and intimate understanding of the ledger's foundational architecture will provide the board with unparalleled strategic guidance.

For the broader XRP community, the appointment is being viewed as a massive win. It will ensure that the XRPL evolves to handle complex new features like decentralized finance (DeFi) automated market makers (AMMs) and smart contracts, and the vision of its original creator remains a guiding force.

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