🚨 Ripple CTO Reveals How XRP Was Born
David Schwartz shares the origin story of the XRP Ledger (XRPL) — built to fix what Bitcoin couldn’t.
🧠 In 2011, Schwartz, Jed McCaleb, and Arthur Britto set out to create a faster, greener, and truly decentralized blockchain. Unlike Bitcoin’s proof-of-work model, XRPL uses a leaderless consensus, meaning no miners, no block producers — just pure efficiency and fairness.
💡 Key Innovations:
✅ No mining, no front-running
🌍 Multi-asset support + decentralized exchange
🔄 Instant payments across any asset via pathfinding
⚡ Fast, low-cost, eco-friendly
📜 Inspired by early work from Ryan Fugger, XRPL launched in 2012 — years ahead of its time.
Schwartz says: “XRPL was built for real-world finance — transparent, fair, and scalable.”
