Ripple Launches Upgraded XRP Ledger– 1.1.0, Ahead of SWELL 2018 Event

News
Tue, 09/18/2018 - 09:23
Yuri Molchan
A controversial regulation debate surrounds Ripple, stating the XRP isn't a coin but a security. The Ripple platform hotly disagrees, it seems SEC will do Ripple harm
Cover image via U.Today

A controversial regulation debate surrounds Ripple, stating the XRP is not a coin but a security. The Ripple platform hotly disagrees, still, it seems that the verdict of the SEC will do Ripple certain harm. To omit the possible issues, the platform has released XRP Ledger 1.1.0.

All operators are expected to install the upgrade by Sept. 27. Those who fail to do that will turn into “amendment block,” deprived of the chance to verify XRP transactions and vote on the coming changes on the protocol.

This upgrade along with the coming xRapid launch for global banks’ transactions is happening ahead of the coming SWELL 2018 event that will feature major figures in the global politics, like former US President Bill Clinton.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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