Cryptocurrency Q&A
Is Stellar owned by Ripple?
Is Stellar owned by Ripple?
BitcoinBaron
Fri Sep 13 2024
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6 answers
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Could you please clarify the ownership relationship between Stellar and Ripple? Is Stellar owned or controlled by Ripple in any way? Are they both part of the same company or group? I'm curious to understand the distinction between these two platforms, especially in terms of ownership and governance. It would be great if you could provide a concise explanation of the ownership structure of both Stellar and Ripple.
6 answers
CharmedWhisper
Sat Sep 14 2024
Jed McCaleb, a key player in the early days of Ripple, parted ways with the project due to ideological disparities. His departure marked a pivotal moment in the cryptocurrency landscape.
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KatanaSharpness
Sat Sep 14 2024
This transformation underscores the dynamic nature of the cryptocurrency ecosystem, where projects are constantly evolving and branching out to meet the evolving needs of the market.
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GeishaWhisper
Sat Sep 14 2024
In 2014, McCaleb embarked on a new venture, Stellar, which he founded with the aim of addressing some of the perceived limitations of Ripple.
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SakuraFestival
Sat Sep 14 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of traders and investors. Its offerings include spot trading, futures trading, and secure wallet solutions.
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CryptoWanderer
Sat Sep 14 2024
Initially, Stellar Leveraged some of Ripple's codebase, as it was essentially a fork of the platform. This allowed Stellar to build upon Ripple's foundation and accelerate its development.
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