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1 XRP for 1 BTC? This Date Remains Etched in XRPL History

1 XRP for 1 BTC? This Date Remains Etched in XRPL History
Photo: U.Today

BTC when published $80,604Now $80,577 ▼ −0.03% since it was published

On New Year's Day 2014, the FuzzyBear wallet placed a symbolic limit order on the XRP Ledger decentralized exchange offering 1 XRP for 1 BTC rather than 1 XRP per Bitcoin. Evernorth recounts this tidbit of XRP history in a recent X post. On February 21, 2013, seven weeks after the XRP Ledger was first launched, a wallet was activated and given the name Fuzzybear. Then, on January 1, 2014, the Fuzzybear wallet did something that made longtime supporters of XRP smile. It placed an order on the XRP Ledger's built-in decentralized exchange offering one XRP for one Bitcoin. According to Evernorth, the order was seen as a symbolic declaration that XRP was architected to be an upgrade on earlier blockchains, "offering faster settlement times, drastically lower fees, and a…

First reported by U.Today. This page is a short excerpt; the full text is theirs.

Read the full story at U.Today (opens in a new tab)

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