📌 Daily interesting crypto fact until BTC recovers the $100K support:
📍Day 28: The core idea for the XRP Ledger predates Bitcoin by over four years. In 2004, developer Ryan Fugger conceived RipplePay, a peer-to-peer trust network for financial institutions. Fugger’s vision was a decentralized system allowing anybody to create their own money and credit line.
Then, in 2012, co-founders Jed McCaleb, Chris Larsen, and Arthur Britto approached Fugger and proposed a significant upgrade: a shared, decentralized ledger that would use a native, ultra-fast consensus mechanism, rather than Bitcoin's slower, energy-intensive mining. This consensus ledger, originally called "NewCoin," launched that same year with a fixed supply of 100 Billion XRP. Ripple Labs was formed shortly after to build financial products on top of this existing ledger, which is why XRP can technically exist entirely without Ripple Labs—just like a boat can exist after the company that built the engine goes out of business.