Ripple / XRP
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OpenCoin founded; XRP is created
589
589 Community
Jun 2, 2012
David Schwartz, Jed McCaleb and Arthur Britto — soon joined by Chris Larsen — form OpenCoin (later Ripple) and create a fixed 100 billion XRP with no mining. The energy-efficient ledger is the antithesis of proof-of-work.
Source: [XRPL.org · History](https://xrpl.org/about/history)
"History is being written in the ledger. Will you be a footnote or a chapter?"