Ripple CTO Emeritus Breaks Down Bitcoin Forks: 'Why Else?'

Ripple CTO emeritus, David Schwartz explains the reasoning behind proof-of-work (PoW) forks.

Tomiwabold Olajide · 15 Aug 2026 · 5 min read

Wire content from U.Today

Ripple CTO Emeritus Breaks Down Bitcoin Forks: ‘Why Else?’

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By
Tomiwabold Olajide

Sat, 15/08/2026 – 13:30

Ripple CTO emeritus, David Schwartz explains the reasoning behind proof-of-work (PoW) forks.

Ripple CTO Emeritus Breaks Down Bitcoin Forks: 'Why Else?'

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Ripple CTO Emeritus David Schwartz recently weighed in on an X conversation, explaining the logic behind Bitcoin hard forks in the process.

An X user had questioned the value of a new PoW fork, citing Bitcoin Cash and the most recent BIP-110 proposal. While forks can address “surface” issues, such as whether a network has too much or too little spam, they still end up inheriting the underlying governance issue, the X user argued.

“My point here is that if you believe that the old chain has been captured, how does creating a new PoW fork help? Yes, it will have the feature you wanted, but at some point in time, if your new chain becomes super popular, it will get captured once again,” the X user added.

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Schwartz’s perspective on a PoW fork is quite different, saying that it gives participants the ability to choose between competing sets of rules.

The point of the fork is to let everyone get what they want by choosing which side of the fork they want to interact with. If people on the “losing” side come to the “winning” side, it’s because they realize that the winning side’s rules produce the results they prefer. Why else?

— David ‘JoelKatz’ Schwartz (@JoelKatz) August 15, 2026

“The point of the fork is to let everyone get what they want by choosing which side of the fork they want to interact with,” Schwartz said. “If people on the losing side come to the winning side, it’s because they realize that the winning side’s rules produce the results they prefer. Why else?” Schwartz asked.