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$XRP 🔥XRP is the currency created and backed by the company Ripple Labs. Its goal is to integrate with the traditional banking system rather than replace or displace it, which implies a technological development different from that of other cryptocurrencies. For this reason, many people consider this project as a 'Trojan horse' used by banks to enter this ecosystem. Regardless of the position, it is undeniable that it is a different and innovative idea. Origin of Ripple
XRP is a cryptocurrency that was created and launched in 2013 by a company called OpenLabs, now known as Ripple. The company is based in San Francisco, United States.
The origin of Ripple dates back to 2004, 4 years before Satoshi Nakamoto published the Bitcoin white paper. At that time, Ryan Fugger sought to create a system that would allow people to create their own money in a decentralized way, putting the power in their hands. This is why he created the first version of the system, called RipplePay.com. In 2011, Jed McCaleb was developing a cryptocurrency with a transaction verification system different from Bitcoin, which used consensus from all network members instead of mining. In 2012, Jed joined Chris Larsen and presented this project to Fugger, who granted them the mandate and they founded OpenCoin that same year.
One year later, in 2013, they created XRP. In 2015, they changed their name from Ripple Labs Inc. to Ripple, a name they have maintained to this day. The current price of XRP is $2.87-2.97, with a variation of -3.39% to 2.58% in the last 24 hours.
XRP is a cryptocurrency that was created and launched in 2013 by a company called OpenLabs, now known as Ripple. The company is based in San Francisco, United States.
The origin of Ripple dates back to 2004, 4 years before Satoshi Nakamoto published the Bitcoin white paper. At that time, Ryan Fugger sought to create a system that would allow people to create their own money in a decentralized way, putting the power in their hands. This is why he created the first version of the system, called RipplePay.com. In 2011, Jed McCaleb was developing a cryptocurrency with a transaction verification system different from Bitcoin, which used consensus from all network members instead of mining. In 2012, Jed joined Chris Larsen and presented this project to Fugger, who granted them the mandate and they founded OpenCoin that same year.
One year later, in 2013, they created XRP. In 2015, they changed their name from Ripple Labs Inc. to Ripple, a name they have maintained to this day. The current price of XRP is $2.87-2.97, with a variation of -3.39% to 2.58% in the last 24 hours.
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