Zachxbt threatened that he would not provide any support to the Ripple community and refuse to help any XRP holder, who became a victim of fraudsters or lost funds as a result of hacking. ZachXBT compared the XRP with a multi -level marketing scheme, which is completely dependent on the attraction of new buyers. According to Zachxbt, none of the mentioned blockchains makes a significant contribution to the development of the crypto industry, since it does not seek to bring social benefits and does not teach its community.
The blockchain-detective explained his tough position by the fact that XRP holders only provide insiders with liquidity for exit. Zachxbt noted that insiders use marketing strategies that create the appearance that paid partnerships are the real acceptance of cryptocurrencies. The analyst also mentioned the loss of history about the early XRPL blocks, weak mechanics, exploiting partial payments and the lack of effective analytical tools for the network.
Earlier, Zachxbt called the method by which you can find out the viability of the blockchain – to check the number of native stabelcoins released on it with large issuers of Circle, Tether or Paxos. Then Zachxbt noted that Cardano and Ripple do not have a single stablecoin from large companies. However, three months later, in June, Circle launched the USDC token on XRP Ledger so that companies, exchanges and developers can use the USDC for various financial services on XRPL.
The statements of Zachxbt caused disappointment among many XRP supporters. One of them wrotethat before Zachxbt was a reliable source of information to track scammers through the blockchain, working closely with Ripple and TRM Labs. The user recommended that the blockchain-drinker leave his aggressive position.
Last week, Rzachxbt called the BLOCKDAG crypto project for the pre -sale of BDAG tokens, which was longing more than one and a half years. The blockchain-detective called Blockdag Network Fake Project and Investment Switch.
Source: Bits
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