An e mail trade courting advantage to 2009 with Bitcoin founder Satoshi Nakamoto has proved his commendation and praise for the Ripple project.
Satoshi Praising Ripple
Martti Malmi, a Bitcoin developer between 2009 and 2011, now not too lengthy ago published personal communications with the Bitcoin founder advantage in 2009, containing words of commendation from Satoshi to Ripple.
My e mail correspondence with Satoshi in 2009-2011: https://t.co/jyoX8gXckp
— Martti Malmi (@marttimalmi) February 23, 2024
Within the e mail correspondence, the Bitcoin developer discussed varied facets of Bitcoin with Satoshi Nakamoto. The developer inquired regarding the inflation time table, the entire possibility of cash, denominations, and the chance of fractional bitcoins.
Satoshi Nakamoto responded by explaining the scalability of Bitcoin, its capacity to address a rapidly-witted possibility of transactions, and the absence of the necessity for fees within the advance future.
Whereas discussing these technical facets, the Bitcoin developer brought Ripple into the dialog, having identified the project as a the same modern belief. Namely, Malmi acknowledged he would delight in to listen to Satoshi’s tips on Ripple.
On this basis, Satoshi Nakamoto expressed admiration for Ripple, describing it as an “interesting” project. Furthermore, he remarked that Ripple is “the fitting other machine that does one thing with belief besides concentrating it on a central server.”
One other particular person, Martien van Steenbergen, inquired about Satoshi’s familiarity with the Ripple project. Satoshi responded by noting that, in phrases of belief techniques, Ripple stands out for its odd approach of dispersing belief in desire to centralizing it. In his words:
“As belief techniques go, Ripple is odd in spreading belief around in desire to concentrating it.”
Satoshi Didn’t Reward XRP
Particularly, some people of the XRP community possess typically misconstrued Satoshi’s 2009 comment about Ripple, assuming it as praise for XRP.
Nevertheless, it is far crucial to show that Satoshi’s commentary predated the introduction of XRP by three years.
Namely, Satoshi’s 2009 comment pertained to the usual Ripple protocol identified as ‘RipplePay,’ which used to be initiated in 2004 by machine engineer Ryan Fugger. This early project served because the basis and inspiration for the creators of the XRP Ledger (XRP).
