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The Ripple Ecosystem Evolves

Mar 11, 2011, 15:02 (0 Talkback[s])

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"Ripple has grown over recent months, from an interesting concept with dormant projects into an actively developing ecosystem.

"The Ripple Project ( aims to build a new form of money which derives from existing social relationships rather than from rigidly inefficient central banking systems. The project involves technological as well as economic, social, and other aspects.

"After an initial burst of activity when Ryan Fugger founded the project in 2004, the fundamental ideas emerged and a prototype called Ripplepay opened. However, the project did not gain sufficient traction to bootstrap into a mainstream trend."

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