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An email exchange dating back to 2009 with Bitcoin founder Satoshi Nakamoto has proved his commendation and praise for the Ripple project.

Martti Malmi, a Bitcoin developer between 2009 and 2011, recently published personal communications with the Bitcoin founder back in 2009, containing words of commendation from Satoshi to Ripple.

In the email correspondence, the Bitcoin developer discussed various aspects of Bitcoin with Satoshi Nakamoto. The developer inquired about the inflation schedule, the total number of coins, denominations, and the possibility of fractional bitcoins.

Satoshi Nakamoto responded by explaining the scalability of Bitcoin, its potential to handle a large number of transactions, and the absence of the necessity for fees in the near future.

While discussing these technical aspects, the Bitcoin developer brought Ripple into the conversation, having recognized the project as a similar revolutionary idea. Specifically, Malmi stated he would love to hear Satoshis thoughts on Ripple.

On this basis, Satoshi Nakamoto expressed admiration for Ripple, describing it as an interesting project. Moreover, he remarked that Ripple is the only other system that does something with trust besides concentrating it on a central server.

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Another individual, Martien van Steenbergen, inquired about Satoshis familiarity with the Ripple project. Satoshi responded by noting that, in terms of trust systems, Ripple stands out for its unique approach of dispersing trust rather than centralizing it. In his words:

As trust systems go, Ripple is unique in spreading trust around rather than concentrating it.

Notably, some members of the XRP community have occasionally misconstrued Satoshis 2009 comment about Ripple, assuming it as praise for XRP.

However, it is essential to note that Satoshis commentary predated the creation of XRP by three years.

Specifically, Satoshis 2009 comment pertained to the original Ripple protocol known as RipplePay, which was initiated in 2004 by software engineer Ryan Fugger. This early project served as the foundation and inspiration for the creators of the XRP Ledger (XRP).

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Ripple Admired by Bitcoin Founder Satoshi, Recently-Released 2009 Emails Confirm - The Crypto Basic