Ripple’s Backstory has just had a small development. According to a group of emails from 2014, early observations about what Ripple became back to 2004.
This is four years ago Satoshi Nakamoto Exit the white bitcoin paper. These emails, shared by Xrp SMOQE community community, distinguishes comments from technical writer Rehozel Billy and the home made of industry.
They hint that the Ripple seeds were planted a long time before anyone extracted from the first Bitcoin bloc in January 2009.
Email exchanging raises the questions of the schedule
On the theme of 2014, Billy notes that Ryan Fugger drew a payment system in 2004. At that time, it was not supposed to be a general encoded currency.
It was called Ripplepay, and allowed people to value without banks. Billy says Chris Larsen Later, it witnessed a bitcoin fuss and headed in the direction of encryption.
Cliff jumps to confirm that the idea of Ripple “precedes Bitcoin”, although it was arguing that it was not “a currency based on counterfeit mathematics” on Bitcoin’s noise.
Email messages 2014 confirm: “Ripple older than Bitcoin.” 🙇🙇
– Smqke (SMQKEDQG) June 24, 2025
Early vision Ripplepay
Based on reports, the Fugger project for 2004 aims to accelerate payments between the reliable parties. He bowed on digital confidence instead of mining. Transactions are approved by a small group of auditors – not by open mining.
Make this setting quickly, but also special. Until 2011, the developers began talking about an open network, anyone could join the authenticity of deals, instead of a gates club.
Image: WazirX
XRP LEDGER appears in 2012
In 2011, Jed McCaleb collaborated with Arthur Bretto and David Schwartz to the coding of what they called XRP LEDGER. They wanted a copy of Bitcoin to have to prove work.
By 2012, Fugger Torch, McCaleb, Larsen, and others were launched. The name was converted to OpenCOIN in 2013, then to ripples in 2015.
Based on the schedule, XRP The Token began in 2012 – a three -year away from Netflix a million subscribers in the United States, and about 10 years ago before McCaleb sold his last currency in 2022.
Symbolic gifts and executive movements
When XRP began, its founders presented 80 billion company symbols. McCaleb got 9.5 billion XRP from this hideout. He agreed to sell his property little by little to avoid sudden market shocks.
His final XRP sales concluded in 2022. After the exit, he helped start stellar. Larsen remains and leads today as its president.
Although Bitcoin gets credit as the first real encrypted currencies, Ripple has already laid the foundation years ago – at least according to the document – which turns out that the dream of sending value without a mediator had already been formed.
Distinctive image from Unsplash, tradingvief chart
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2025-06-26 05:00:00
