• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple: An Entrepreneurial Initiative Preceding Bitcoin

user avatar

by Giorgi Kostiuk

a month ago


A recent 2014 email exchange has brought renewed attention to the early development stages of Ripple, confirming that this system predates Bitcoin. The discussion involves key participants and sheds light on Ripple's core concept as a digital currency.

Early Stages of Ripple's Creation

The email exchange confirms that the earliest version of Ripple was conceived in 2004 by Canadian developer Ryan Fugger. He envisioned RipplePay as a decentralized system for exchanging credit based on trust, predating blockchain as a concept.

Comparison of Ripple and Bitcoin

The emails counter the notion that Ripple was solely created to profit from Bitcoin's success. Ripple's development began long before Bitcoin’s whitepaper was published, confirming its independent conceptual genesis.

Ripple's Evolution and Distinction from XRP

The emails also delve into how Ripple evolved under Chris Larsen’s leadership. He saw potential in the project and adapted it for the financial market, emphasizing the importance of differentiating between the Ripple network and the currency XRP.

This email exchange offers valuable historical insights into Ripple, confirming its status as an independent financial innovation that existed long before Bitcoin.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Block Inc. Becomes Second Crypto Company in S&P 500

chest

Block Inc., co-founded by Jack Dorsey, joins the S&P 500, making it the second crypto-focused company included in the index.

user avatarGiorgi Kostiuk

PENGU Price Increase of Over 20% Coincides with Pudgy Penguins NFT Boom

chest

PENGU price rose by more than 20% in the last 24 hours, driven by renewed interest in the Pudgy Penguins NFT collection.

user avatarGiorgi Kostiuk

Blockchain Group Announced Purchase of 22 Bitcoin, Increasing Holdings to 2,000 BTC

chest

Blockchain Group completed a capital increase and purchased 22 Bitcoin, raising its total holdings to 1,955 BTC as of July 21, 2025.

user avatarGiorgi Kostiuk

Tokenize Xchange Leaves Singapore: Operations Cease by 2025

chest

Tokenize Xchange is leaving Singapore due to licensing refusal; customers must withdraw assets by September 30, 2025.

user avatarGiorgi Kostiuk

UK Plans Liquidation of £5 Billion in Seized Bitcoin

chest

The UK may sell seized Bitcoin, impacting the market and budget, although no sale date has been set yet.

user avatarGiorgi Kostiuk

Hong Kong's Stablecoin Regulation: Ping An Acknowledges Its Blockchain Expertise

chest

Ping An responds to new stablecoin regulations in Hong Kong, highlighting its blockchain expertise and upcoming market changes.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.