Ripple CTO shares missed opportunity he never pursued RippleXRP XRPArmy XRPCommunity XRPHolders $XRP XRP
According to the screenshot shared by the Ripple CTO, the invention was both a cloud storage solution and a social networking application.
The idea behind the invention was to improve ease of use in backing up and sharing user information by presenting a cloud storage system in a familiar form. "Chores that would be complex and technical are performed by presenting the user with the familiar interface of social networking games. This also permits a cloud storage system to take advantage of the same business model that social networking games employ," the document reads.Social media platform Twitter was created in March 2006 and launched that July, while Facebook was launched earlier, in February 2004.
Years after David Schwartz had forgotten about his idea, decentralized cloud storage solutions such as Storj, Filecoin, Siacoin and Arweave came onto the scene. The year 2011 was significant in the history of XRPL as Arthur Britto, David Schwartz and Jed McCaleb began working on XRP Ledger. Schwartz made his first commitment in November 2011.
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