Amid Bullish Sentiment Around crypto Market, Decentralized Public Blockchain XRP Ledger (XRPL) It has recently witnessed a significant increase in its transactions, marking another milestone for the decentralized blockchain.
The latest milestone for the XRP Ledger (XRPL)
According to an X (formerly Twitter) post by Collin Brown, the XRP Ledger has recently reached a record ledger of 84 million. According to him, this achievement marks a testament to Ripple and its vigorous infrastructure and growing ecosystem.
The post said:
#XRP Ledger (#XRPL) celebrates the closing of its 84 millionth ledger, a testament to #Vibe and its solid infrastructure and growing ecosystem.
Additionally, the closing of each ledger denotes the completion and documentation of a sequence of transactions, adding to the ledger history, which is transparent and immutable.
This latest achievement, reported by XRPScan, highlights two important attributes that have attracted more and more users to its network. These include the stability and scalability of XRPL.
The XRP Ledger has continually proven to be a secure and reliable platform. The general ledger is known for its ability to quickly handle a large number of transactions.
Famed for its ability to process transactions faster and more affordably, XRPL is quickly taking the lead as the platform of choice for people looking for effective cross-border payment solutions.
Furthermore, the crypto-analyst-predicts-xrp-price-will-reach-1-35-as-these-metrics-heat-up/” target=”_blank” rel=”noopener nofollow”>XRP The ledger is created to operate seamlessly with other financial systems. This makes it essential to incorporate blockchain technology into today’s financial infrastructure.
The blockchain seems to be growing rapidly and enormously. The ledger’s latest milestone came just a few months after it recorded its Ledger number 81 million in July 2023. This indicates growing adoption with more users choosing the protocol as their smart contract network.
The general ledger adopts an amendment method
The announcement also saw another exciting development. development for the ledger. The XRP Ledger is preparing to put the “fixNFTokenRemint” amendment into effect.
The upcoming “fixNFTokenRemint” amendment aims to improve nft minting, solidifying XRPL’s position as a trusted #blockchain platform.
The amendment focuses on improving the process of minting non-fungible tokens (NFTs) on XRPL. The precise goal is to alter the nft sequence number generation process to counteract sequence number duplication, which could otherwise lead to potential collision scenarios.
With the intention of solving the problems with non-fungible tokens (nft), the “fixNFTokenRemint” amendment has been able to obtain the necessary number of votes.
With 27 votes in favor of the amendment out of a potential 34, it was approved with a consensus of 82.35%, starting the activation countdown period, which will end on November 27.
So far, the amendment marks a significant step for the ledger. With its rapidly growing ecosystem, the ledger demonstrates a promising future of developments and innovations.
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