Ripple revolutionized the world of digital payments with its innovative blockchain technology. Ripple was founded by a group of visionary individuals who believed in the power of decentralized finance. Let's give some names to the co-workers of Ripple:
Ripple, a prominent blockchain-based digital payment protocol, was co-founded by Chris Larsen and Jed McCaleb in 2012. Chris Larsen, a seasoned entrepreneur, and Jed McCaleb, known for his work with the eDonkey network and the creation of Mt. Gox, combined their expertise to develop Ripple. Their goal was to facilitate secure, instant, and nearly free global financial transactions of any size without chargebacks.
Larsen and McCaleb's work focused on creating the Ripple protocol and its consensus ledger, which enabled real-time gross settlement, currency exchange, and remittance. This innovation aimed to improve the inefficiencies of the traditional banking system by providing a decentralized platform that allowed for seamless and transparent financial transactions across borders.
"The XRP Ledger is officially congested! 🚦 Looks like the whales are making their moves and accumulating big. 🐋📈 This could signal something massive brewing—stay sharp and watch the charts closely! 💪🚀"
XRP is a digital asset and cryptocurrency native to the XRP Ledger, which is an open-source, public blockchain designed for fast and low-cost international money transfers. Here are some key points about XRP:
### **Purpose and Functionality:** - **Payment Processing:** XRP was primarily created to facilitate fast, low-cost global payments. It aims to serve as a bridge currency for financial institutions to move money across borders more efficiently than traditional methods.
What if Bitcoin is the greatest scam ever? How can people like Binance's CZ, Donald Trump, Brian Armstrong, Michael Saylor, or Vitalik Buterin claim they don't know who created it? The true creator of Bitcoin remains a mystery, despite its global impact. Is it really possible that influential figures like Michael Saylor, who heavily invest in and promote Bitcoin, have no clue about its origins? What if the creator of Bitcoin is only known to a select few? This episode of Think with X Mucan explores these suspicions.
1. Japanese cryptocurrency exchange Coincheck has received approval from the U.S. Securities and Exchange Commission (SEC) for Form F-4, paving the way for its listing on NASDAQ.
2. The DOJ claims that SBF authorized Alameda Research to pay $40 million in USDT to bribe Chinese officials.
3. U.S. Senate Republicans have selected John Thune, a pro-crypto senator, as their next leader.
4. U.S. investment platform Robinhood has re- listed SOL, ADA, and XRP, and added PEPE to its offerings.
5. Galaxy Digital founder speculates that if BTC succeeds in becoming a strategic reserve asset, it could reach a price of $500,000.