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How XRP lost its first 32,569 ledgers — and why it matters
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How XRP lost its first 32,569 ledgers — and why it matters
Ripple founders and early insiders launched the XRP Ledger in June 2012 and lost all of its data by New Year’s Eve. In 2012, Ripple used the term ledger instead of block to describe a bundle of transactions with a cryptographically hashed header. In the lingo of that time period, to move ripples (XRP coins) across the Ripple network, validators would check a ledger’s header using the Ripple Transaction Protocol (RTXP) and achieve consensus for t…
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