XRP In Under 90 Seconds (Ft. Jake Claver)

So XRP was actually the second token that was ever created after Bitcoin. If you go back to Ryan Fruger, who was up in Canada, he had Ripple Pay back then. And then that company kind of moved over to OpenCoin. That's who minted the original XRP, which was originally XNS. And then they gifted $80 billion to Ripple and kept $20 billion for the founders. Jed McCaleb sold all of his. There's been a lot of shuffling around of those assets over time. It's the only network that's never been down out of any of the other protocols out there. It's been running strong for 13 years now. So anyway, they gave it to Ripple. Ripple rebranded it to Ripples. And then in 2014, the IMF came out with a paper where they talked about an exchange rate peg and they gave it the abbreviation XRP. Almost immediately after that, Ripple rebranded Ripples to XRP. Um, and now it's a decentralized protocol. There's, you know, almost 300 validators on the network. Ripple controls 3 of those, uh, so they are not the centralized source. There's a lot of people that are like, oh, Ripple controls it. It's not. Um, you know, there's banks, there's universities, there's governments. The SEC runs a validator on the XRPL. There's tons of entities.