Ripple — XRP starting kit

From a humble beginning to become the fourth largest cryptocurrency globally, Ripple and its XRP have dominated the crypto industry.

A decentralized technology platform has been developed for the banking sector, with global bank transfers in mind. However, today its native token, the XRP, is one of the most traded digital assets globally.

Since its inception, Ripple has been in the news, both for its exemplary services and how banks and other financial institutions see it as nothing more than a fad that offers nothing new, mostly due to its perceived scalability issues.

Ripple, a Brief History

Ripple has its history older than modern cryptocurrencies. Ryan Fugger, a relatively unknown person back in 2004, came up with an idea of creating a decentralized monetary system that wouldn’t rely on a single controlling authority and would essentially allow the public to participate and create whole digital currencies on the system, independent of any regulatory or controlling authority. He later went on to develop the first version of his independent monetary system.

During the same time Fugger was working on his concept, Jed McCaleb, the American banker and entrepreneur who has made other major projects such as…