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XRP Ledger Celebrated Its 12th Birthday

source-logo  cryptonews.net 03 June 2024 14:22, UTC

XRP, one of the largest cryptocurrencies, celebrated its 12th birthday on June 2. On this day in 2012, Ripple Labs co-founder Arthur BRITTO unveiled the lines code that created 100 billion XRP tokens. It is worth noting that the earliest days of the XRP Ledger were lost forever due to a critical bug. Therefore, the XRP Ledger can only be traced back to December 2012 and not to its actual birthday.

Ripple CTO David SCHWARTZ worked with Ripple co-founders Arthur Britto and Jed McCaleb starting in late 2011. Schwartz’s first commit was sent back in November 2011. Earlier this year, the XRP Ledger received a major update with the launch of its Automated Market Maker (AMM) feature. As reported by U.Today, Ripple CEO Brad GARLINGHOUSE said he is “particularly excited” about the new feature.

According to a recent update, the total number of XRP locked has exceeded five million. The number of active liquidity pools currently exceeds 500.

Image: Binance Academy