Recent Findings Challenge Established History of XRP Ledger
New evidence suggests that the history of the XRP Ledger may not be as originally believed. It has been revealed that Ripple’s CTO, David Schwartz, may have had plans for this network as early as 1988. This contradicts the widely accepted notion that the XRP Ledger was founded in 2011 by Schwartz, Jed McCaleb, and Arthur Britto.
Discovering Evidence from 1988
A Twitter revelation by EDO Farina, an advocate for XRP, has caused a stir in the crypto community. He shared a patent document from 1988 that was filed by David Schwartz himself. This document indicates that Schwartz had ideas for the XRP Ledger much earlier than previously thought.
Ripple’s Success Continues
Despite the ongoing debate about the origins of the XRP Ledger, Ripple continues to thrive. The network has gained significant traction in the global financial system. In fact, Colombia’s previous administration has considered using Ripple for its national land registry, and many banks worldwide already utilize the network for fast and cost-effective payment transfers.
Furthermore, Farina’s tweet also mentioned the potential downfall of Ethereum and suggested that networks like Stellar and the XRP Ledger are ready to take on real-world utility. As Ethereum faces scalability issues, there is room for other networks to emerge.
Hot Take: The XRP Ledger’s Controversial Origins
The recent findings about the potential origins of the XRP Ledger have sparked a heated debate within the crypto community. While Ripple continues to make strides in the financial world, questions arise about the true history of this influential network. Only time will tell if further evidence emerges to support or refute these claims, but for now, the controversy remains.
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