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Ripple upgraded its servers to version 1.9.1.

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Block

Time:8/1/2022 2:50:13 AM

[Ripple upgrades its server to version 1.9.1] Jinse Finance reported that Ripple released the XRP market report for the second quarter of 2022. According to the report, Ripple upgraded its server to version 1.9.1, which is the reference for the XRP Ledger (XRPL) protocol implementation, and configured its four validators to vote for the activation of the XLS-20 amendment on the XRPL mainnet. the

Based on the company's previous comments on performance and scalability, Ripple conducted extensive testing to ensure that the proposed NFT code was stable, scalable and highly performance. Therefore, Ripple believes that XRPL can support additional transaction loads at scale.

Ripple proposes XLS-20 to introduce native NFT support to XRPL and provide developers with access to NFT minting, trading and burning functionality. XLS-20 will also bring advanced features such as automatic royalties, co-ownership of assets, etc. without the need for smart contracts. While Ripple supports XLS-20, the outcome of enabling XLS-20 depends on the collective XRPL validators.

Other news:

Ripple report: 85% of global financial industry payment leaders believe that their countries will launch digital currency within 4 years: July 15 news, according to the new value report released by Ripple, 70% of the world's major financial industry leaders predict CBDC ( Digital currency issued by the central bank) will be the future of legal tender. In a survey of 1,600 financial institution leaders in five countries around the world, 85% of respondents said their country would launch a digital currency within the next four years. Additionally, 44% said a CBDC would increase national competitiveness, 43% said it would improve payment systems, and 42% expected it to boost financial innovation. [2022/7/15 2:16:20]

Voice | SVP of Global Operations at Ripple: The outlook for Asia is very bright, and the anti-cryptocurrency stance in certain markets will not last: Eric Van Miltenburg, SVP of Global Operations at Ripple, recently spoke about the outlook for Asia, specific markets in the region, and the The biggest headwind the company faces from regulators around the world. The outlook for Asia is very bright, with "a lot of demand from the Asia-Pacific region," it said. He mentioned that about half of Ripple's customers are from the Asia-Pacific region, and he also talked about how the growth of remittances around the world has increased dramatically to the current $600 billion, with India alone sending more than $70 billion a year. He doesn't think Asia is slowing down. Some parts of Asia are very willing to use digital assets to solve cross-border payment problems, and central banks in certain jurisdictions are the first to provide them with regulatory transparency. The role of regulators is not only important, but challenging, Milternburg said, because they often struggle to protect more people without stifling innovation. He also talked about the various frequent resistance Ripple often faces from regulators around the world, claiming that on a macro level, misunderstanding by regulators is often one of the biggest obstacles. The overall anti-cryptocurrency stance of certain markets like India will not last as they have seen other markets move away from these perceptions. He cites the example of Thailand, which used to be anti-digital assets but has since gradually embraced it. Looking at specific global markets, Milternburg said he was excited about the Philippines, Thailand, Japan, South Korea, South America and Brazil. (AMBCrypto)[2019/11/29]

News | Ripple Token Lawsuit: Experts say Ripple is still at risk of further litigation: Monday is the deadline for XRP holders to respond to Ripple's motion to dismiss its lawsuit against the company, according to coindesk. The motion largely sidestepped plaintiffs’ arguments that Ripple sold XRP as an unregistered security, instead challenging the case on procedural and evidentiary grounds. The lawsuit is unlikely to address the issue of securities attributes. Despite Ripple's vigorous defense, the case may not be complete and the company remains at risk of further litigation, according to legal experts. [2019/11/4]

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