CEO of solenoid coilStefan TomaHe announced on Twitter that he was developing and designing a point-to-point micro payment Internet.

At first, it will use XRP cryptocurrency to clear transactions, but Thomas claims that there are plans to add Bitcoin (BTC), Ether (ETH) and other cryptocurrencies in the future

The former Ripple CTO claims that this is also his most pioneering project since he wrote his own Bitcoin and completed Bitcoin JS

Thomas was one of the earliest users of Bitcoin. In 2012, Ripple was added. At that time, the enterprise was just a small start-up. Thomas joined Ripple as an engineer and undertook the work of Ripple client, which was also the first client application completed by the enterprise. In June 2013, he was elected as the technical director of Ripple

This program ape, headquartered in San Francisco, USA, returned Ripple to Coil in 2018, committed to the monetization resettlement service platform of Ripple's application network

imageReported by:In January 2021, the German program ape revealed to the New York Times that he could not access his own cryptocurrency wallet, which contained about $220 million. He spent nearly ten years trying to get a wallet, but failed. Thomas' story becomes a warning story for those who want to store cryptocurrency independently