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Ripple history
Ripple company history timeline
Shortly thereafter, they were joined by Chris Larsen, and the group started the Company NewCoin in September 2012 (quickly renamed OpenCoin and now named Ripple).
RTXP was launched in 2012, its main goal is to ensure “secure, instant and almost free global money operations of any size without any chargebacks”. The protocol supports payment with fiat currency, crypto currency, goods or any other units like passenger bonus miles or mobile minutes.
The first real product using the network was developed in 2014 by a global payments service Earthport.
BitcoinWiki project since 2014
In response to this criminal prosecution, the value of XRP roughly halved in less than 24 hours, pulling Ripple out of the top three highest cap cryptocurrencies, a first since 2014.
Today, XRP is on the 5th place in the capitalization of cryptocurrencies, yielding to Bitcoin, Ethereum, Bitcoin Cash and IOTA. One XRP as of the beginning of October 2017 costs about $0.23.
In 2017 the list of Ripple partners increased with many other multi-billion dollar banks, such as BBVA. The payment provider American Express also hopped onboard.
In 2018, the class action lawsuit was filed by investors against Ripple due to unregistered sales of XRP tokens.
J'ai découvert le monde des cryptomonnaies en janvier 2018.
In 2019, estimates suggest Bitcoin mining used more energy than the entire country of Portugal.
Founded September 24, 2020, the XRPL Foundation is an independent and nonprofit entity with a mission to accelerate the development and adoption of the decentralized XRP Ledger.
SEC action against XRP. In December 2020, the SEC filed a lawsuit against Ripple, saying that since it can decide when to release XRP, the company should have registered it as a security.
Apply now to the Fall 2022 XRP Ledger Campus Ambassador program
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Zippia gives an in-depth look into the details of Ripple, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ripple. The employee data is based on information from people who have self-reported their past or current employments at Ripple. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ripple. The data presented on this page does not represent the view of Ripple and its employees or that of Zippia.
Ripple may also be known as or be related to Ripple, Ripple Communications, Ripple Communications, Inc. and Ripple Labs Inc.