XRP, the sixth largest cryptocurrency by market capitalization, is marking 11 solid years of its existence. The XRP Ledger first launched in June 2012, although development began in 2011. In 2011, three engineers — David Schwartz, Jed McCaleb and Arthur Britto — began developing XRP Ledger (XRPL). Fascinated by Bitcoin, they set out to develop a better version that addressed its shortcomings and created a digital asset that was more sustainable and built specifically for payments.