why was ripple created

Last Updated on June 5, 2023 by Paganoto

Ripple Labs – Wikipedia

Ripple Labs – Wikipedia

Ryan Fugger conceived Ripple in 2004 after working on a local exchange trading system in Vancouver. The intent was to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money. Fugger later built the first iteration of this system, RipplePay.com.

History – XRPL.org

History – XRPL.org

The XRP Ledger first launched in June 2012. Shortly thereafter, they were joined by Chris Larsen, and the group started the Company NewCoin in September …

Bitcoin vs. Ripple: What's the Difference? – Investopedia

Bitcoin vs. Ripple: What's the Difference? – Investopedia

Ripple is the company that is behind XRP, the cryptocurrency. · Bitcoin transaction confirmations may take many minutes with high transaction costs, while XRP …

Ripple (XRP): A beginner's guide to the digital asset built for …

Ripple (XRP): A beginner's guide to the digital asset built for …

A crypto ledger similar to blockchain technology is used to generate Ripple (XRP), which is federated by financial institutions and payment processor networks.

What Is XRP (Ripple)? – Forbes

What Is XRP (Ripple)? – Forbes

Ripple is a money transfer network designed to serve the needs of the financial services industry. XRP is the native cryptocurrency on the …

The Complete History of Ripple (XRP) – CoinLoan

The Complete History of Ripple (XRP) – CoinLoan

Initially, Ripple was very far from all crypto technologies. Its original brand name was Ripplepay. It was founded by Ryan Fugger, a software developer in 2004 …

Ripple: Defined & Explained | The Motley Fool

Ripple: Defined & Explained | The Motley Fool

Programmer Jed McCaleb started developing the XRP cryptocurrency and blockchain in 2011. He recruited a team, found investors, and approached Fugger about using …

What Is Ripple and the XRP Cryptocurrency? – CoinDesk

What Is Ripple and the XRP Cryptocurrency? – CoinDesk

Backing up: The XRP Ledger is an open-source, public blockchain that was first created in 2011 by developers Arthur Britto, Jed McCaleb and …

What is XRP? Your simple guide to Ripple's cryptocurrency

What is XRP? Your simple guide to Ripple's cryptocurrency

Ripple is a real-time, cryptocurrency gross-settlement system, currency exchange and remittance network created by Ripple Labs Inc, a US-based technology …

What is Ripple (XRP)? — Bitpanda Academy

What is Ripple (XRP)? — Bitpanda Academy

Another interesting aspect of Ripple is that the company is older than Bitcoin. A predecessor of the Ripple protocol was developed in 2004 which, back in those …