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2 clusters · 4 sources · 12 days · First seen about 1 month ago · Last updated 21 days ago

XRP Ledger technical upgrades and developments

Overview

The XRP Ledger is undergoing technical developments and scheduled asset movements. In late September, the network prepared for an upgrade designed to facilitate multiple simultaneous payments, contingent on validator support. This period also coincided with a scheduled monthly escrow unlock by Ripple involving 1 billion XRP, though historical trends suggest only a fraction of these tokens typically enter the circulating supply.

Following these events, developers deployed the ninth release of the Smart Escrow Devnet. This update focuses on introducing programmable escrow capabilities via WebAssembly (WASM) code. A key technical component of this release is the migration of the WebAssembly virtual machine from C++ to Rust, a change intended to increase performance for core system function calls by 30% to 50%. The Smart Escrow feature remains in the development stages and aims to support conditional transactions and compliance checks once it reaches stability.

Entities

XRP Ledger · Ripple · XRP · RippleX · Mayukha Vadari

Timeline

21 days ago

[TECHNOLOGY] 2 sources
XRP Ledger deploys ninth Smart Escrow Devnet release
Developers released the ninth Smart Escrow Devnet update for XRP Ledger, featuring a migration to Rust that improves performance by up to 50% and introduces programmable asset locking via WebAssembly.
about 1 month ago

[BUSINESS] 2 sources
XRP faces network upgrade and Ripple escrow unlock
The XRP network faces a scheduled upgrade on September 29 to improve multi-payment capabilities, alongside Ripple's monthly 1 billion XRP escrow unlock set for October 1.

Sources

coin-turk.com · crypto-insiders.nl · finbold.com · tokenpost.kr