took care of the last of the QA feedback

This commit is contained in:
Calvin Jhunjhnuwala
2020-09-28 09:36:55 -07:00
parent 09a811f29a
commit 030467cc2e
13 changed files with 103 additions and 74 deletions

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@@ -49,7 +49,7 @@
<div class="timeline-content">
<h4 class="mb-10">{% trans %}2012 XRP Launched{% endtrans %}</h4>
<p>{% trans %}In 2011 and early 2012, the trio of developers started a project to build a distributed ledger that improved upon these fundamental limitations of Bitcoin—their first ever code commit was in November 2011.{% endtrans %}</p>
<p>{% trans %}They wrote code, that when executed, would create a distributed ledger, which they named Ripple. It included a digital asset that would be called “ripples” (XRP as the currency code) to follow the same naming convention as bitcoin (BTC). At the time, Ripple stood for the open-source project, the unique consensus ledger (Ripple Consensus Ledger), transaction protocol (Ripple Transaction Protocol or RTXP), the network (Ripple network) and the digital asset (known as “ripples”).{% endtrans %}</p>
<p>{% trans %}They wrote code, that when executed, would create a distributed ledger, which they named Ripple. It included a digital asset that would be called “ripples” (XRP as the currency code) to follow the same naming convention as Bitcoin (BTC). At the time, Ripple stood for the open-source project, the unique consensus ledger (Ripple Consensus Ledger), transaction protocol (Ripple Transaction Protocol or RTXP), the network (Ripple network) and the digital asset (known as “ripples”).{% endtrans %}</p>
<p>{% trans %}In practice, this approach led to many, broad uses of “Ripple.” To clarify, the community simply started calling the digital asset, “XRP.”{% endtrans %}</p>
<p>{% trans %}By June 2012, Schwartz, McCaleb and Britto completed code development and the XRP Ledger was fully functioning.{% endtrans %}</p>
<p>{% trans %}At that time, they decided their next move would be to gift 80 billion XRP to a not-yet-formed private company that would work with the broader community as well as pursue its own payments mission. The ledger code itself would be open source and for anyone to use.{% endtrans %}</p>
@@ -62,7 +62,7 @@
<div class="timeline-block mb-10">
<div class="timeline-dot"></div>
<div class="timeline-content">
<h4 class="mb-10">{% trans %}2013 OpenCoin Rebranded to Ripple Labs{% endtrans %}</h4>
<h4 class="mb-10">{% trans %}2013 OpenCoin Rebranded To Ripple Labs{% endtrans %}</h4>
<p>{% trans %}At the outset of the company, OpenCoin set out to revolutionize the global financial system. Despite the revolutionary ideals of many of Bitcoins early believers, Larsen never thought blockchain technology should be used to overthrow the existing financial system. He believed that historys most transformative innovations have always relied on the great ideas that came before them—not disrupting them.{% endtrans %}</p>
<p>{% trans %}In early conversations with potential customers, the team was asked about the differences between the Ripple project and OpenCoin company. With the community starting to call the  digital asset by its currency code "XRP" more widely, company leaders decided to rebrand the company to Ripple Labs, which has been shortened over time to "Ripple."{% endtrans %}</p>
<p>{% trans %}Today, the company uses XRP and the XRP Ledger for liquidity management in its cross-border payments business. Ripple also remains a stakeholder and contributor to the broader XRP community.{% endtrans %}</p>