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.