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The XRP community is in shock following the emergence of Ripple’s co-founder, Arthur Britto, after a 14-year silence. Britto has been inactive on the X platform over these years but is known to have played a major role in Ripple and the XRP Ledger’s (XRPL) development.
Ripple Co-Founder Makes First-Ever Post On X
Arthur Britto made his first ever post on the X platform on June 23, despite joining the platform in August 2011. His post was simply a blank face emoji, which got the XRP community wondering what it might mean and why exactly the Ripple co-founder has returned now. Britto has cut a mysterious figure, despite co-founding the crypto firm alongside Jed McCaleb and Chris Larsen.
Following Britto’s first X post, Ripple Chief Technology Officer (CTO) David Schwartz confirmed that the Ripple co-founder wasn’t hacked or compromised. Well-known XRP Ledger Validator Vet also replied, saying ‘no way,’ expressing his shock at Britto’s remergence. Meanwhile, Pumpius, a prominent XRP community member, gave an overview of who Britto was.
In an X post, he first declared that the co-founder may be the “most important ghost in crypto history,” putting him ahead of Bitcoin founder Satoshi Nakamoto, who remains a mystery. Pumpius further stated that Britto helped build the XRP Ledger to help create a neutral bridge asset capable of handling global liquidity.
Arthur Britto is also said to have designed the 100 billion XRP supply cap and co-authored the XRP whitepaper before he then disappeared without any trace on social media. Away from Ripple and the XRP Ledger, Pumpius revealed that Britto now runs PolySign. The company is working on building institutional custody, and Ripple allegedly has ties to PolySign.
Community Members Raise Price Angle
XRP community members also related Arthur Britto’s reemergence to the XRP price and what it could mean for the altcoin. Prominent community member Edo Farina said that the co-founder’s post has to be the “moon sign” that XRP holders have been waiting for, indicating that the price might soon surge.
Crypto influencer John Squire highlighted how the co-founder was the same person who once said that XRP was designed to reach $10,000. He then questioned if this was a coincidence or if something big was brewing. Squire went on to answer the question by highlighting how the XRP Ledger has recorded its highest transactions in four months this week.
He added that Britto’s appearance also coincides with “record on-chain volume, Ripple IPO rumors, and pre-bullrun conditions.” Based on this, he declared that the Ripple co-founder’s sudden burst into the scene is “not nothing” but most likely a pattern.
At the time of writing, the XRP price is trading at around $2.19, up over 7% in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
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