After the discussion surrounding the origin of the XRP rose again, Ripple ' s former Chief Technical Officer David Schwartz stated that Ryan Fugger was often directly associated with the XRP, mainly because both used the name "Ripple" but that did not mean that Fugger created the XRP.
The 2004 system does not contain block chains
Schwartz states that the RipplePay, launched by Fugger in 2004, is essentially a payment and liquidation system based on mutual trust among users, does not contain block chains and does not have digital tokens in circulation. According to him, the project was closer to the early payment network concept than to a later encrypted asset system.
XRP and XRPL started in 2012
The time line he gave showed that the real technology starting point for XRP was in 2012. Chris Larsen and Jed McCaleb then acquired the RipplePay platform for Fugger, which was then redeveloped by the OpenCoin team. This team later evolved into Ripple Labs.
Schwartz states that the main reason OpenCoin retained the old project was the name and brand identity, while the technical core had been completely replaced. Since then, Jed McCaleb, Arthur Britto and David Schwartz have written code from zero, created XRP Ledger and introduced XRP tokens.
The old project only leaves a name
According to Schwartz, between today's XRPL and Fugger's systems, the main thing that continues is the name Ripple, not the technical architecture itself. Therefore, referring to Fugger as the founder of XRP does not correspond to the actual development process.
He also mentioned that the outside world had in the past linked its earlier technical documents, patents and the birth of XRP, and even derived from some of the statements about “secret founders”. However, in his view, these materials are technically obsolete and not directly related to the modern XRPL architecture.
Schwartz concluded that the actual history of the XRP should begin with the rewriting of the code in 2012, before looking for the so-called "hidden founder" had no technical basis.