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Homeweb3.0Introduction to the founder of Ripple and his team

Introduction to the founder of Ripple and his team

Sep 05, 2024 pm 03:06 PM
Blockchaincryptocurrencydigital currencyBlockchain technologyRipple

The founders of Ripple include Jed McCaleb, Chris Larsen and Arthur Brydon. Among them, McCaleb first proposed the concept of Ripple and developed the Ripple protocol, Larson co-founded the personal finance company E-Loan, and Brydon assisted in developing an early version of the Ripple protocol. Currently, McCaleb is no longer involved with the Ripple project, while Larson and Brydon are board members of the Ripple Foundation.

Introduction to the founder of Ripple and his team

Founder of Ripple

The founder of Ripple (XRP) is an American entrepreneur and computer ScientistJed McCaleb.

Founder Team

In addition to McCaleb, Ripple’s founding team also includes:

  • Chris ·Larson: An entrepreneur and venture capitalist who co-founded the personal finance company E-Loan.
  • Arthur Brydon: A computer scientist and software engineer who worked with McCaleb to develop an early version of the Ripple protocol.

McAleb’s contribution

McAleb first proposed the concept of Ripple in 2004 with the aim of creating a decentralized digital currency for fast, low-cost cross-border payments. He developed the Ripple Protocol, the open source, distributed computing system that powers XRP.

Ripple Foundation

In 2012, McCaleb, Larson and Brydon co-founded the Ripple Foundation, a non-profit organization that Promote and support Ripple and other projects based on the Ripple protocol.

Current roles

  • Jed McCaleb is no longer involved in the Ripple project.
  • Chris Larson and Arthur Brydon serve as board members of the Ripple Foundation.

As of September 5, 2024, XRP is trading at $0.557

In the past 24 hours, the XRP price has increased by 1.26%. Volume was $896 million. Its float market capitalization is nearly $31.4 billion.

The recent rise in XRP price may be driven by several factors, including:

  • Optimism about the overall rebound in the cryptocurrency market
  • Ripple Company in XRP legal action Positive developments
  • Increased use of XRP blockchain technology

In the future, XRP price trends may be affected by the overall state of the cryptocurrency market and the outcome of the Ripple lawsuit. Positive developments could support prices, while negative developments could lead to a sell-off.

It is recommended to

consider the volatility of XRP price. It's important to do your research and consider your risk tolerance before investing.

Short-Term Trend Forecast

Based on current technical indicators, XRP is expected to continue rising in the short term. However, prices may be susceptible to market fluctuations.

Indicators

  • Price: $0.557
  • 24-hour trading volume: $896 million
  • Circulation market capitalization: 314 billion US dollars
  • Circulation: 562.5 billion XRP
  • Maximum supply: 1,000 billion XRP

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