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XRP Ledger Gets Huge Efficiency Boost with Release of New Version

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Wed, 24/02/2021 - 20:00
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XRP Ledger Gets Huge Efficiency Boost with Release of New Version
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RippleX has announced the release of version 1.7 of the XRP Ledger in a Feb. 24 blog post. The new implementation provides a significant boost to the software’s efficiency. On top of that, it makes the network more secure and decentralized.   

The latest version reduces memory usage by a whopping 50 percent because of a slew of improvements that are partially attributed to Ripple CTO David Schwartz. Initially, Schwartz conducted a test of the new release back in December, revealing his findings on Twitter:    

Now that that version 1.7 has been released, Schwartz says that the whole ecosystem will benefit:    

Ultimately, v1.7 makes better use of available system resources. By boosting efficiency, the whole XRPL ecosystem benefits and can more easily operate the software to build directly on the Ledger.

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An “evolving” list of validators

Bharath Chari, spokesperson for the XRPLF, says that the foundation will keep its focus on enhancing the XRP Ledger: 

Enhancements, such as today’s improvements to memory usage, are key to growth and innovation on the Ledger. We look forward to supporting the wider ecosystem, including the superb code development by the RippleX team.

Future initiatives include creating an “evolving list” of validator nodes.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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