I recommend you read Mike Hearns blogpost on how the origin…
I recommend you read Mike Hearns blogpost on how the original Ripple worked.
I found it a very good read.
https://blog.plan99.net/how-did-classical-ripple-work-13fefe1870cf?gi=ac912af958dc&source=user_profile_page---------5-------------3748c5d6e52c---------------
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