FTP is an acronym for File Transfer Protocol, which is a TCP/IP based network protocol just like the HTTP used to transmit files from one computer to another through the internet. FTP is designed to transfer small multiple files such as images on a web page instead of transferring a single large file. This standard protocol supports pausing, scheduling and restarting of file downloads.
Development of FTP
File Transfer Protocol was first introduced by Abhay Bhustan from the Massachusetts Institute of Technology (MIT) Project MAC on April 16, 1971 through RFC 114, which provides the standard definition and the basic commands of the protocol enabling devices specifically computers to communicate or transfer files or messages with each other. The main objective of FTP is to promote the indirect use of computers.
RFC 114 was updated by several RFCs to improve the specifications of FTP such ad RFC 172, RFC 265. On July 8, 1972, Bhustan introduced a major revision of the FTC specifications through RFC 354. Based on the RFC, FTP aims to allow the efficient and reliable transfer of files among HOSTs as well as the convenient use of remote file storage capabilities.  Subsequent, RFCs were further released providing more improvements on the protocol including RFC 542 in 1973. The first FTP standard protocol was RFC 765, which was published by Jon Postel in June 1980. 
The latest FTP standard protocol implemented by the Internet Engineering Task Force (IETF) was RFC 959 which was published by Jon Postel and Joyce K. Reynolds on October 1985. The current RFC included new commands.