Altcoins News
By Maheen Hernandez
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Key Features of the XRP Ledger Update. One of the most significant additions in this release is DynamicNFT (XLS-46), which introduces the…
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Performance Upgrades and Bug Fixes. Beyond the key amendments, rippled version 2.4.0 brings several performance improvements aimed at…
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Looking Ahead: What’s Next for the XRP Ledger?. As with previous updates to the XRP Ledger, the new amendments must secure approval from at least…
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Ripple has just rolled out a major update to the XRP Ledger with the release of rippled version 2.4.0.
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One of the most significant additions in this release is DynamicNFT (XLS-46), which introduces the ability to mint mutable non-fungible tokens (NFTs).
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Another major update in version 2.4.0 is PermissionedDomains (XLS-80). This feature enhances the network’s compliance capabilities by restricting access to specific domains…
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Additionally, DeepFreeze (XLS-77) is a new amendment designed to improve security. This feature allows token issuers to freeze specific trust lines, preventing asset transfers…
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The fixInvalidTxFlags amendment also deserves attention as it refines transaction flag validation.
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Beyond the key amendments, rippled version 2.4.0 brings several performance improvements aimed at enhancing the user and developer experience.
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The update also includes improvements to the Unique Node List (UNL) security, which strengthens the consensus mechanism of the XRP Ledger.
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In addition to these features, Ripple has addressed several long-standing bugs, improving the overall reliability of the XRP Ledger.
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As with previous updates to the XRP Ledger, the new amendments must secure approval from at least 80% of validators over two consecutive weeks before they can be activated.
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The updates introduced in rippled version 2.4.0 position the XRP Ledger to better compete in an increasingly regulated and competitive crypto market.
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With these new features and improvements, Ripple has once again demonstrated its commitment to enhancing the XRP Ledger and maintaining its relevance in the ever-evolving world…
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