Quote from: Hawkix on August 27, 2017, 09:14:41 PM

Quote from: cjmoles on August 24, 2017, 07:43:03 PM

But, Ripple Labs wasn't established yet and it wasn't called "Ripple" until 6 October 2015. (https://ripple.com/insights/a-new-chapter-for-ripple/)

https://en.wikipedia.org/wiki/Ripple_(payment_protocol)

"The predecessor to the Ripple payment protocol, Ripplepay, was first developed in 2004 by Ryan Fugger, a web developer in Vancouver, British Columbia. Fugger conceived of the idea after working on a local exchange trading system in Vancouver, and his intent was to create a monetary system that was decentralized and could effectively allow individuals and communities to create their own money. Fugger's first iteration of this system, RipplePay.com,debuted in 2005 as a financial service to provide secure payment options to members of an online community via a global network."

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"This led to the conception of a new system by Jed McCaleb of eDonkey network, which was designed and built by Arthur Britto and David Schwartz. In May 2011, they began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by bitcoin, which relies on blockchain ledgers."

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"In September 2012 the team co-founded the corporation OpenCoin, or OpenCoin Inc."

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"On September 26, 2013, OpenCoin Inc. changed its name to Ripple Labs Inc., with Chris Larsen remaining CEO."