Investing.com - Financial Markets Worldwide
🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Ripple Releases New XRPL Version, Stakeholders to Upgrade Before March 5

Published 02/03/2024, 18:21
Updated 02/03/2024, 18:45
Ripple Releases New XRPL Version, Stakeholders to Upgrade Before March 5
XRP/USD
-

Coin Edition -

  • Ripple’s CTO alerted XRPL stakeholders of a new upgrade on the blockchain.
  • XRPL validators and node operators must upgrade to the latest version by March 5, 2024.
  • The new XRPL version adds a bug fix, builds improvements, and introduces critical amendments.

Ripple’s CTO, David Schwartz, alerted XRPL validators and node operators of a new upgrade on the blockchain. In a recent post on X, Schwartz told the stakeholders the time has come for them to upgrade to version 2.1.0.

The CTO’s alert followed a blog post on Ripple’s XRPL portal, announcing the introduction of the latest upgrade. According to the announcement, the new version adds a bug fix, builds improvements, and introduces the fixNFTokenReserve and fixInnerObjTemplate amendments.

Meanwhile, Ripple told the stakeholders that two new amendments are now open for voting according to the XRP Ledger’s procedures. The amendments will enable protocol changes following weeks of over 80% support from trusted validators.

Ripple requires all XRPL server operators to implement the 2.1.0 upgrade by March 5 to avoid disconnection from the network. However, the project noted that the exact time for implementing the protocol changes would depend on the voting decision of the decentralized network.

According to Ripple, the two introductions would add unique features to the XRPL. The fixNFTokenReserve adds a check to the NFTokenAcceptOffer transactor to see if the OwnerCount changed. In addition, the fixInnerObjTemplate adds an STObject constructor overload that includes an additional boolean argument to set the inner object template.

The XRPL 2.1.0 upgrade marks another additional improvement in the XRPL network in 2024. The XRPL 2.0.0 upgrade, Web3Auth, XRPL 2.0.1, and the Clio version 2.1.0 have all been improvements on the XRPL network in 2024.

These improvements reflect the network’s confidence amid non-technological challenges confronting the Ripple XRP project. Many users believe Ripple is preparing for a hopeful future where victory at the court would form the tailwind for a network ready for the work ahead.

The post Ripple Releases New XRPL Version, Stakeholders to Upgrade Before March 5 appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.