Satoshi

David

Show

Coin

<p>The origins of <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, the native cryptocurrency of the Ripple network, have been the subject of much speculation and intrigue within the crypto community. Recent revelations by analyst EDO FARINA <a href="https://x.com/edward_farina/status/1793418091164266887?s=46" target="_blank" rel="noopener noreferrer nofollow">suggest</a> that XRP’s code was written before Bitcoin and that David Schwartz, a key figure in the development of XRP, was simultaneously working for the NSA while developing Bitcoin.</p>
<h2 class="wp-block-heading" id="opencoin-and-the-electronic-cash-system">OpenCoin and the Electronic Cash System</h2>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> ’s code was written before <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a><br><br>David was working for the NSA developing <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4f7.png" alt="📷" class="wp-smiley" style="height: 1em; max-height: 1em;"> and simultaneously working on <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a>. Open Coin objective in 2007 was to create an open source version of electronic cash system while <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> concept only came in 2008, with the white paper… <a href="https://t.co/IZhkZ5HOWD" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/IZhkZ5HOWD</a></p>— EDO FARINA 🅧 XRP (@edward_farina) <a href="https://twitter.com/edward_farina/status/1793418091164266887?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>In 2007, the objective of OpenCoin was to create an open-source version of an electronic cash system. Interestingly, this predates the concept of Bitcoin, which was first introduced in 2008 with the publication of the white paper<em> “A Peer-to-Peer Electronic Cash System”</em> by the pseudonymous Satoshi Nakamoto.</p>
<p>The revelation that OpenCoin, founded by Chris Larsen and Jed McCaleb, publicly denied being the same <em>“OpenCoin”</em> working on the electronic cash system has raised suspicions within the crypto community.</p>
<p>Further adding to the intrigue, Ripple transferred the <code>opencoin.com</code> domain to the exact <code>opencoin.org</code> that was working on the electronic cash system before Bitcoin’s existence.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="xrp-s-name-changes-and-the-satoshi-connection">XRP’s Name Changes and the Satoshi Connection</h2>
<p><a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has undergone multiple name changes throughout its history, allegedly to avoid drawing mass attention. Previously known as XNS, the name held cryptic meanings: “X” represented that the currency was not issued by any country, “N” stood for Nakamoto, and “S” represented Satoshi.</p>
<p>This connection to Satoshi Nakamoto, the creator of Bitcoin, has led some to speculate that Bitcoin was designed to be a decoy, a test run, or merely a prototype for the ultimate goal of creating XRP. According to this theory, XRP is the final product, embodying everything “Satoshi” ever dreamed of.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/top-analyst-uses-unique-model-to-predict-ripples-xrp-could-reach-66-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Top Analyst Uses Unique Model to Predict Ripple’s XRP Could Reach $66: Here’s His Outlook</a></em></strong></p>
<h2 class="wp-block-heading" id="the-nsa-connection">The NSA Connection</h2>
<p>The involvement of David Schwartz, a key figure in the development of XRP, with the NSA while simultaneously working on Bitcoin has further fueled conspiracy theories surrounding the origins of both cryptocurrencies. Some believe that the NSA may have played a role in the creation of Bitcoin and XRP, using them as tools for surveillance or economic control.</p>
<p>However, it is essential to approach these claims with a healthy dose of skepticism, as much of the information surrounding the origins of Bitcoin and XRP remains shrouded in mystery.</p>
<p><em><strong>Join <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/was-ripple-xrp-code-written-before-bitcoin/" rel="noopener noreferrer nofollow">Was Ripple (XRP) Code Written Before Bitcoin?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Was Ripple (XRP) Code Written Before Bitcoin?

Table of Contents

CaptainAltcoin

Other articles published on May 23, 2024

Speculation Boosts Ethereum-Based Memecoins

Top Promising Meme Coins to Watch in 2024

Analisis Terbaru Kripto Avalanche (AVAX), Dogecoin (DOGE), dan BlockDAG yang Terapkan Ethereum Vi...

SEC Approves Ethereum ETFs For Fund Management Titans Including BlackRock In Landmark Breakthroug...

Bitcoin falls below $70K as FOMC ‘refuses to hike’ interest rates

SEC Readies Spot ETH ETF Decision

Join our free newsletter for daily crypto updates!