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XRP Ledger Foundation Launches to Drive Growth and
Development of the Core XRP Ledger and Community
Thursday, September 24, 2020 – The XRP Ledger Foundation, an independent and non-profit entity, today announced its mission to accelerate the development and adoption of the decentralized XRP
Ledger. In addition, the XRP Ledger Foundation received an initial donation of over $6.5M from Coil, Ripple and Gatehub to help expand the Foundation’s work and serve the growing number of developers and other community members building on the XRP Ledger.
The Foundation’s vision is to support in its entirety the development of a healthy XRP Ledger ecosystem that encompasses the involvement of developers, public and private enterprises and social initiatives.
Areas such as governance, amendments to the core code, and an evolving list of robust validators are key to creating a dynamic ecosystem that supports a growing and innovative Ledger. While execution of the vision will be an ongoing multi-year effort, key areas of initial activity on the
Foundation roadmap will include:Core technology behind XRP Ledger: enhance and develop infrastructure including high capacity hubs, full history servers and monitoring systems. Unique Node List: establish a list of public and objective criteria for evaluating performance of
validators. Developer ecosystem: support a growing ecosystem of global developers to help with adoption and use of the Ledger.
Sustainability initiatives: encourage scalable and sustainable practices.
Social and Community initiatives: support development of tools and platforms for financial inclusion globally.
The Foundation will also work with the broader community, including academic institutions and nonprofits, to meet the ever-changing challenges of fast and low-cost transfer of value in the years ahead.

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