###BTC Ripple has rolled out a new version of XRPL, prompting stakeholders to upgrade before March 5.
Key points:
Ripple's CTO, David Schwartz, has notified XRPL validators and node operators about the blockchain's latest upgrade.
Validators and node operators are required to update to the newest version by March 5, 2024.
The new XRPL version includes bug fixes, performance enhancements, and crucial amendments.
Ripple's XRPL portal, announcing the latest upgrade. The new version includes bug fixes, improvements, and introduces the fixNFTokenReserve and fixInnerObjTemplate amendments.
Simultaneously, Ripple informed stakeholders that two new amendments are available for voting, following the XRP Ledger's procedures. These amendments will allow protocol changes after garnering over 80% support from trusted validators for weeks.
Ripple mandates all XRPL server operators to adopt the 2.1.0 upgrade by March 5 to avoid network disconnection. However, the project noted that the timing for implementing the protocol changes would hinge on various factors.
The Ripple network is introducing two new features, fixNFTokenReserve and fixInnerObjTemplate, to enhance the XRPL. These upgrades aim to improve functionality and address potential issues. Additionally, recent upgrades like XRPL 2.0.0, Web3Auth, XRPL 2.0.1, and Clio version 2.1.0 demonstrate ongoing improvements to the XRPL network in 2024. These advancements showcase Ripple's confidence in the network's future, despite facing non-technological challenges. Many users anticipate a positive outcome from ongoing legal battles, believing it will further strengthen the network for future endeavorsendeavors.
