XRP’s Code Was Written Before Bitcoin, Says Ripple Analyst

In a recent tweet, Ripple analyst EDO FARINA has made a bold claim that the code for XRP, the native token of the Ripple blockchain, was written before the creation of Bitcoin. This revelation has sparked a wave of speculation and discussion within the crypto community, as it challenges the commonly held belief that Bitcoin was the first and original cryptocurrency.

The NSA Connection and OpenCoin

According to FARINA, an individual named David was working for the National Security Agency (NSA) in 2007, developing both Bitcoin and XRP simultaneously. OpenCoin, an allegedly David-linked organization, aimed to develop an open-source electronic cash system.

Interestingly, the concept of Bitcoin only emerged in 2008, with the publication of the now-famous white paper titled “A Peer-to-Peer Electronic Cash System” by the pseudonymous Satoshi Nakamoto. This timeline has led to speculation about the true origins of both Bitcoin and XRP.

The Suspicious OpenCoin Connection

FARINA notes that Chris Larsen and Jed McCaleb, the founders of Ripple, publicly denied that OpenCoin.org, which was working on an electronic cash system before Bitcoin’s existence, was the same entity. However, the analyst finds this denial suspicious, as Ripple later transferred the OpenCoin.com domain to the exact OpenCoin.org that was working on the electronic cash system prior to Bitcoin’s creation.

This peculiar chain of events has raised questions about the true nature of the relationship between OpenCoin, Ripple, and the development of XRP.

XRP’s Mysterious Name Changes

FARINA also highlights the fact that XRP has undergone multiple name changes over the years, possibly to avoid drawing mass attention. Previously known as XNS, the name is said to hold a hidden meaning: X = Not issued by any country; N = Nakamoto; S = Satoshi.

This cryptic interpretation has led some to believe that XRP may have been the true vision of Satoshi Nakamoto all along, with Bitcoin serving as a mere decoy or prototype.

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Bitcoin: A Decoy for XRP?

The analyst suggests that Satoshi Nakamoto designed Bitcoin as a test run, a prototype for his ultimate electronic cash system. On the other hand, Satoshi Nakamoto presents XRP as the ultimate product, embodying all his dreams.

This bold claim has sparked a heated debate within the crypto community, with supporters and skeptics alike weighing in on the plausibility of the theory.

While the connections drawn by FARINA are intriguing, it is essential to approach such claims with a healthy dose of skepticism. We have yet to present conclusive evidence to support this theory, and the true origins and intentions behind Bitcoin and XRP remain shrouded in mystery.

Nevertheless, the speculation surrounding the potential link between Satoshi Nakamoto, OpenCoin, and Ripple’s XRP has reignited interest in the early days of cryptocurrency development.  

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency