J. Ayo Akinyele, Tr&#432;&#7903;ng ph&ograve;ng K&#7929; thu&#7853;t t&#7841;i RippleX, &#273;&atilde; c&ocirc;ng b&#7889; m&#7897;t ph&acirc;n t&iacute;ch chi ti&#7871;t v&#7873; kh&#7843; n&#259;ng XRPL m&#7897;t ng&agrave;y n&agrave;o &#273;&oacute; c&oacute; th&#7875; h&#7895; tr&#7907; staking g&#7889;c, m&#7903; ra cu&#7897;c th&#7843;o lu&#7853;n m&#7899;i v&#7873; c&aacute;c m&ocirc; h&igrave;nh khuy&#7871;n kh&iacute;ch v&agrave; qu&#7843;n tr&#7883; c&#7911;a m&#7841;ng l&#432;&#7899;i n&agrave;y c&oacute; th&#7875; ti&#7871;n h&oacute;a nh&#432; th&#7871; n&agrave;o.
&#272;&#7873; xu&#7845;t n&agrave;y xu&#7845;t hi&#7879;n v&agrave;o th&#7901;i &#273;i&#7875;m m&agrave; s&#7921; hi&#7879;n di&#7879;n DeFi c&#7911;a XRPL v&#7851;n c&ograve;n h&#7841;n ch&#7871; m&#7863;c d&ugrave; &#273;&atilde; ho&#7841;t &#273;&#7897;ng 13 n&#259;m. C&aacute;c nh&agrave; &#273;i&#7873;u h&agrave;nh h&agrave;ng &#273;&#7847;u c&#7911;a Ripple, David Schwartz v&agrave; Brad Garlinghouse, c&#361;ng &#273;&atilde; b&agrave;y t&#7887; s&#7921; &#7911;ng h&#7897; cho vi&#7879;c m&#7903; r&#7897;ng XRPL v&#432;&#7907;t ra ngo&agrave;i nh&#7919;ng ngu&#7891;n g&#7889;c t&#7853;p trung v&agrave;o thanh to&aacute;n &#273;&#7875; tham gia v&agrave;o c&aacute;c ch&#7913;c n&#259;ng t&agrave;i ch&iacute;nh phi t&#7853;p trung (DeFi) r&#7897;ng l&#7899;n h&#417;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-would-xrp-native-staking-look-like-according-to-ripple-engineers">XRP native staking s&#7869; nh&#432; th&#7871; n&agrave;o theo c&aacute;c k&#7929; s&#432; c&#7911;a Ripple?</h2>

Theo Akinyele, XRP &#273;&atilde; <a href="https://vn.beincrypto.com/sbi-tobu-launch-token-payment-platform/" target="_blank" rel="noreferrer noopener">ti&#7871;n h&oacute;a xa h&#417;n</a> ngu&#7891;n g&#7889;c l&agrave; m&#7897;t t&agrave;i s&#7843;n thanh to&aacute;n nhanh, hi&#7879;n &#273;ang ph&#7909;c v&#7909; c&aacute;c ch&#7913;c n&#259;ng ch&iacute;nh trong thanh kho&#7843;n, di chuy&#7875;n gi&aacute; tr&#7883; theo th&#7901;i gian th&#7921;c v&agrave; token h&oacute;a. <a href="https://vn.beincrypto.com/xrp-price-falls-despite-etf-inflows/" target="_blank" rel="noreferrer noopener">Vi&#7879;c ra m&#7855;t g&#7847;n &#273;&acirc;y c&#7911;a ETF </a>XRP &#273;&#7847;u ti&ecirc;n c&agrave;ng l&agrave;m n&#7893;i b&#7853;t s&#7921; t&#259;ng tr&#432;&#7903;ng quan tr&#7885;ng c&#7911;a t&agrave;i s&#7843;n n&agrave;y.
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&ldquo;Khi t&ocirc;i ngh&#297; v&#7873; c&aacute;ch m&agrave; ti&#7879;n &iacute;ch c&#7911;a XRP c&oacute; th&#7875; ti&#7871;p t&#7909;c m&#7903; r&#7897;ng c&ugrave;ng v&#7899;i nh&#7919;ng kh&#7843; n&#259;ng m&#7899;i, m&#7897;t c&acirc;u h&#7887;i t&#7921; nhi&ecirc;n xu&#7845;t hi&#7879;n: &#272;i&#7873;u g&igrave; s&#7869; x&#7843;y ra n&#7871;u XRPL h&#7895; tr&#7907; staking g&#7889;c? &#272;i&#7873;u &#273;&oacute; s&#7869; c&oacute; &yacute; ngh&#297;a g&igrave; &#273;&#7889;i v&#7899;i thi&#7871;t k&#7871; m&#7841;ng l&#432;&#7899;i v&agrave; b&#7843;n th&acirc;n t&agrave;i s&#7843;n?&rdquo; Akinyele <a href="https://dev.to/ripplexdev/exploring-xrp-in-defi-and-what-it-teaches-us-i72" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
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Trong b&agrave;i vi&#7871;t chi ti&#7871;t, gi&aacute;m &#273;&#7889;c RippleX gi&#7843;i th&iacute;ch r&#7857;ng h&#7879; th&#7889;ng &#273;&#7891;ng thu&#7853;n Proof of Association c&#7911;a XRPL ho&#7841;t &#273;&#7897;ng kh&aacute;c v&#7899;i c&aacute;c h&#7879; th&#7889;ng <a href="https://beincrypto.com/learn/proof-of-work-vs-proof-of-stake/" target="_blank" rel="noreferrer noopener">Proof-of-Stake truy&#7873;n th&#7889;ng</a>. Ph&iacute; &#273;&#432;&#7907;c &#273;&#7889;t thay v&igrave; ph&acirc;n ph&#7889;i l&#7841;i, v&agrave; ni&#7873;m tin c&#7911;a ng&#432;&#7901;i x&aacute;c th&#7921;c &#273;&#432;&#7907;c ki&#7871;m b&#7857;ng hi&#7879;u su&#7845;t thay v&igrave; c&#7893; ph&#7847;n t&agrave;i ch&iacute;nh.
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&ldquo;&#272;&#7875; staking g&#7889;c XRP t&#7891;n t&#7841;i, hai &#273;i&#7873;u c&#7847;n thi&#7871;t: th&#7913; nh&#7845;t, m&#7897;t ngu&#7891;n ph&#7847;n th&#432;&#7903;ng staking v&agrave; th&#7913; hai, m&#7897;t c&aacute;ch &#273;&#7875; ph&acirc;n ph&#7889;i ch&uacute;ng m&#7897;t c&aacute;ch c&ocirc;ng b&#7857;ng,&rdquo; gi&aacute;m &#273;&#7889;c b&#7893; sung.
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Akinyele nh&#7845;n m&#7841;nh r&#7857;ng t&iacute;nh n&#259;ng nh&#432; v&#7853;y kh&ocirc;ng ph&#7843;i l&agrave; m&#7897;t b&#7893; sung &#273;&#417;n gi&#7843;n. N&oacute; &#273;&ograve;i h&#7887;i ph&#7843;i suy ngh&#297; l&#7841;i v&#7873; c&aacute;ch gi&aacute; tr&#7883; l&#432;u th&ocirc;ng trong m&#7841;ng l&#432;&#7899;i trong khi v&#7851;n gi&#7919; &#273;&#432;&#7907;c s&#7921; &#7893;n &#273;&#7883;nh v&agrave; phi t&#7853;p trung c&#7911;a XRPL.
<a href="https://vn.beincrypto.com/ripple-cto-exit-sparks-xrp-future-debate/" target="_blank" rel="noreferrer noopener">Schwartz, m&#7897;t trong nh&#7919;ng </a>ki&#7871;n tr&uacute;c s&#432; ban &#273;&#7847;u c&#7911;a XRP Ledger, c&#361;ng &#273;&atilde; tham gia cu&#7897;c tr&ograve; chuy&#7879;n. &Ocirc;ng <a href="https://x.com/JoelKatz/status/1990854788935004471?s=20" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; tr&igrave;nh b&agrave;y</a> hai &yacute; t&#432;&#7903;ng th&#7917; nghi&#7879;m &#273;ang &#273;&#432;&#7907;c lan truy&#7873;n trong c&#7897;ng &#273;&#7891;ng k&#7929; thu&#7853;t.
&Yacute; t&#432;&#7903;ng &#273;&#7847;u ti&ecirc;n l&agrave; m&ocirc; h&igrave;nh &#273;&#7891;ng thu&#7853;n hai l&#7899;p. Trong thi&#7871;t k&#7871; n&agrave;y, m&#7897;t l&#7899;p trong g&#7891;m 16 ng&#432;&#7901;i x&aacute;c th&#7921;c s&#7869; &#273;&#432;&#7907;c ch&#7885;n b&#7903;i l&#7899;p ngo&agrave;i d&#7921;a tr&ecirc;n c&#7893; ph&#7847;n. B&#7897; x&aacute;c th&#7921;c b&ecirc;n trong n&agrave;y s&#7869; <a href="https://vn.beincrypto.com/irs-treasury-crypto-etf-staking-safe-harbor/" target="_blank" rel="noreferrer noopener">s&#7917; d&#7909;ng c&aacute;c c&#417; ch&#7871; staking v&agrave; slashing</a> ch&#7881; &#273;&#7875; c&#7843;i thi&#7879;n s&#7893; c&aacute;i.
&Yacute; t&#432;&#7903;ng th&#7913; hai gi&#7919; nguy&ecirc;n m&ocirc; h&igrave;nh &#273;&#7891;ng thu&#7853;n hi&#7879;n t&#7841;i c&#7911;a XRPL. Thay v&igrave; t&aacute;i c&#7845;u tr&uacute;c ng&#432;&#7901;i x&aacute;c th&#7921;c, n&oacute; &#273;&#7873; xu&#7845;t s&#7917; d&#7909;ng ph&iacute; giao d&#7883;ch &#273;&#7875; tr&#7843; cho c&aacute;c ch&#7913;ng c&#7913; kh&ocirc;ng ki&#7871;n th&#7913;c (ZKP) &#273;&#7875; x&aacute;c nh&#7853;n vi&#7879;c th&#7921;c thi &#273;&uacute;ng h&#7907;p &#273;&#7891;ng th&ocirc;ng minh.
V&#7899;i c&aacute;ch ti&#7871;p c&#7853;n n&agrave;y, c&aacute;c node s&#7869; kh&ocirc;ng c&ograve;n c&#7847;n ph&#7843;i t&#7921; ch&#7841;y c&aacute;c h&#7907;p &#273;&#7891;ng th&ocirc;ng minh. Schwartz m&ocirc; t&#7843; c&#7843; hai &yacute; t&#432;&#7903;ng l&agrave; &#7845;n t&#432;&#7907;ng v&#7873; m&#7863;t k&#7929; thu&#7853;t nh&#432;ng kh&ocirc;ng kh&#7843; thi m&#7897;t c&aacute;ch th&#7921;c t&#7871; &ldquo;trong th&#7901;i gian s&#7899;m&rdquo;.
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&ldquo;V&#7873; &#273;&#7891;ng thu&#7853;n hai l&#7899;p: &#272;&oacute; l&agrave; m&#7897;t c&ocirc;ng vi&#7879;c v&agrave; r&#7911;i ro l&#7899;n. Nh&#7919;ng l&#7907;i &iacute;ch cho s&#7921; &#7893;n &#273;&#7883;nh v&agrave; ch&#7855;c ch&#7855;n c&#7911;a m&#7841;ng l&#432;&#7899;i ph&#7847;n l&#7899;n m&#7899;i ch&#7881; l&agrave; l&yacute; thuy&#7871;t v&agrave; hi&#7879;n kh&ocirc;ng c&oacute; v&#7845;n &#273;&#7873; g&igrave; trong c&#7843; hai l&#297;nh v&#7921;c&hellip;&hellip;V&#7873; c&#417; ch&#7871; ZKP: &#272;&acirc;y l&agrave; c&ocirc;ng ngh&#7879; r&#7845;t ti&ecirc;n ti&#7871;n v&agrave; ph&#7913;c t&#7841;p v&#7873; m&#7863;t k&#7929; thu&#7853;t. N&#7871;u kh&ocirc;ng c&oacute; nhi&#7873;u s&#7921; ch&#7845;p nh&#7853;n, &#273;&oacute; s&#7869; l&agrave; c&ocirc;ng vi&#7879;c l&#7899;n m&agrave; kh&ocirc;ng c&oacute; l&#7907;i &iacute;ch g&igrave;,&rdquo; &ocirc;ng <a href="https://x.com/JoelKatz/status/1990884956663656701?s=20" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
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V&#7899;i s&#7921; ti&#7871;n tri&#7875;n c&#7911;a c&aacute;c n&#7895; l&#7921;c l&#7853;p tr&igrave;nh v&agrave; th&#7843;o lu&#7853;n v&#7873; h&#7907;p &#273;&#7891;ng th&ocirc;ng minh, Schwartz cho r&#7857;ng &#273;&acirc;y l&agrave; th&#7901;i &#273;i&#7875;m th&iacute;ch h&#7907;p &#273;&#7875; xem x&eacute;t nh&#7919;ng kh&#7843; n&#259;ng DeFi g&#7889;c m&#7899;i c&oacute; th&#7875; tr&ocirc;ng nh&#432; th&#7871; n&agrave;o.
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&ldquo;XRP Ledger &#273;&#432;&#7907;c t&#7841;o ra v&agrave;o n&#259;m 2012. Th&#7871; gi&#7899;i blockchain &#273;&atilde; thay &#273;&#7893;i r&#7845;t nhi&#7873;u l&#7847;n k&#7875; t&#7915; &#273;&oacute;. Suy ngh&#297; c&#7911;a t&ocirc;i v&#7873; c&aacute;c m&ocirc; h&igrave;nh qu&#7843;n tr&#7883; v&agrave; &#273;&#7891;ng thu&#7853;n &#273;&atilde; ti&#7871;n h&oacute;a. T&ocirc;i &#273;&atilde; suy ngh&#297; v&#7873; vi&#7879;c XRP &#273;&#432;&#7907;c s&#7917; d&#7909;ng trong DeFi nh&#432; th&#7871; n&agrave;o (c&#7843; t&#7921; nhi&ecirc;n v&#7899;i c&aacute;c &#7913;ng d&#7909;ng v&agrave; giao th&#7913;c nh&#432; Flare, MoreMarkets, Axelar, Doppler, v.v.) v&agrave; tr&#7921;c ti&#7871;p tr&ecirc;n chu&#7895;i,&rdquo; &ocirc;ng <a href="https://x.com/JoelKatz/status/1990846545307283760" target="_blank" rel="noreferrer noopener nofollow">b&igrave;nh lu&#7853;n</a>.
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Cu&#7897;c th&#7843;o lu&#7853;n n&agrave;y &#273;&atilde; thu h&uacute;t s&#7921; quan t&acirc;m c&#7911;a nh&#7919;ng ng&#432;&#7901;i n&#7855;m gi&#7919; XRP, &#273;&#7863;c bi&#7879;t l&agrave; v&igrave; s&#7921; hi&#7879;n di&#7879;n c&#7911;a XRPL trong l&#297;nh v&#7921;c DeFi v&#7851;n c&ograve;n t&#432;&#417;ng &#273;&#7889;i nh&#7887;.
Theo <a href="https://defillama.com/chain/xrpl" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>, XRPL hi&#7879;n &#273;ang n&#7855;m gi&#7919; 75.77 tri&#7879;u USD trong t&#7893;ng gi&aacute; tr&#7883; kh&oacute;a l&#7841;i (TVL). &#272;&acirc;y l&agrave; con s&#7889; khi&ecirc;m t&#7889;n so v&#7899;i Ethereum v&#7899;i kho&#7843;ng 71.36 t&#7927; USD v&agrave; Solana v&#7899;i 9.443 t&#7927; USD.
N&#7871;u staking g&#7889;c &#273;&#432;&#7907;c gi&#7899;i thi&#7879;u, &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; <a href="https://beincrypto.com/learn/buy-xrp/" target="_blank" rel="noreferrer noopener">thu h&uacute;t th&ecirc;m v&#7889;n t&#7915; c&aacute;c</a> nh&agrave; &#273;&#7847;u t&#432; &#273;ang t&igrave;m ki&#7871;m l&#7907;i su&#7845;t tr&ecirc;n chu&#7895;i &#273;&aacute;ng tin c&#7853;y, c&oacute; th&#7875; <a href="https://vn.beincrypto.com/xrp-etf-approval-strengthen-price/" target="_blank" rel="noreferrer noopener">t&#259;ng t&#7889;c s&#7921; ph&aacute;t tri&#7875;n c&#7911;a XRPL</a> trong h&#7879; sinh th&aacute;i DeFi v&agrave; m&#7903; r&#7897;ng ti&#7879;n &iacute;ch c&#7911;a XRP.

Kỹ sư Ripple xem xét staking XRP gốc khi tăng trưởng DeFi của XRPL chậm