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The original Ripple concept failed for an entirely different reason: no one could come up with a good routing and atomic payments implementation. Then Bitcoin a
by fiatjaf 7y ago
The original Ripple concept failed for an entirely different reason: no one could come up with a good routing and atomic payments implementation. Then Bitcoin appeared.
I don't know why you're presenting such a wrong narrative as if it was the absolute truth everyone agrees.
- Canada 7y agoWhat year did Ripple debut?
- fiatjaf 7y agoRipple was never implemented.
- Canada 7y agoThey were certainly promoting that concept in 2012, and for years after that. Remember, everyone was going to be able to release their own promises on it... so you could have a Euro backed promise from X which you could swap on chain against some USD backed promise from Y? And XRP was supposed to be just the fee currency to pay for it? Am I wrong here? Did Ripple predate Bitcoin?