David Schwartz said he was optimizing the bitcoin code in 2011

Ripple CTO David Schwartz said he was optimizing the bitcoin code in 2011

Ripple’s CTO turned out to be one of the developers who helped optimize the bitcoin code just a few years after the mysterious Satoshi Nakamoto launched the network.

In 2017, user Tiffany Hayden, checking GitHub repositories, discovered that David Schwartz was among the group of developers who changed the BTC code.

On December 30, 2021, Schwartz was asked if this was true. Ripple’s CTO admitted that he did optimize the BTC code for mining apps in 2011. He is listed alongside bitcoin developers such as Gavin Andresen and Peter Todd.

The anonymous creator of Bitcoin, Satoshi Nakamoto, personally selected Andresen as the “main developer” of Bitcoin’s open source code.

In 2012, Andresen became one of the directors of the Bitcoin Foundation, a non-profit organization created to restore bitcoin’s reputation after the asset was named a payment instrument for criminals.

In 2011, David Schwartz, Jed McCaleb and Arthur Britto began working on the XRP Ledger in an attempt to create a better version of Bitcoin. Then Chris Larsen joined them and they founded OpenCoin, which was later renamed Ripple Labs.

Previous Cryptocurrency exchange XT: overview
Next Binance will employ former government officials as exchange directors in Russia and Ukraine