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Ripple’s CTO said the update would make it easier to find validators. Schwartz explained that performance is not the only criterion in the selection process.
Ripple CTO David Schwartz announced that the new XRP Ledger update will represent a “game changer”. Schwartz said the update will expand the decentralization of the network. He further explained that the update would help offline or malfunctioning validators. Specifically, each server in the XRPL protocol has a Unique Node List (UNL) which contains a list of participating validators.
At least 80% of trusted validators must agree to reach the required quorum on the network. Therefore, the network stops validating registers if more than 20% of the trusted validators cannot communicate with others or go offline. In that case, the online validators will be able to provide only provisional and past transaction data.
XRP registry update
On November 1, Schwartz announced the groundbreaking update in a file tweet and shared a detail document about the negative UNL update of XRP Ledger.
By the way, this feature will be a huge game changer for the UNL evolution of XRPL: https://t.co/oxCmRQllGY
– David Schwartz (@JoelKatz) November 1, 2020
According to the shared document, the update will affect only malfunctioning or temporarily unavailable validators. The document highlighted possible causes that can make validators offline. They include hardware failures, hardware maintenance, software updates, human error, targeted attacks, natural disasters, and internet problems.
Currently, the update is not available as it is still under control in the Ripple 1.6.0 test network.
Additionally, the CTO said the update would make it easier to find validators. Schwartz explained that performance is not the only criterion in the selection process. Other factors that need to be considered are “jurisdiction, institutional commitment, network redundancy, network commitment and many more.
He added:
“The biggest benefit of the UNL’s negative proposal is that it will make it much easier to say ‘yes’ to more diverse validators, even if they run on a single residential connection with a tiny machine in someone’s living room.”
Additionally, the paper provided additional information on enabling negative UNL for testing:
“Negative UNL functionality is currently available for testing on Devnet. You can test negative UNL functionality by adding or modifying a file [features] room in the rippled.cfg file, as described in Connect your rippled to a parallel network. “
Ripple joins the Civic Alliance
In support of a fair and impartial election in the United States, Ripple did so join forces with other companies to create the Civic Alliance. The organization claims to be a non-partisan group of companies that have come together to “build a future in which everyone participates in the formation of the country”.
On November 2, Ripple declared his 100% support with Civic Alliance in a tweet.
We believe voting must be safe and accessible to everyone, everywhere. Here’s why Ripple is 100% #ForDemocracy with @CivicAlliance. https://t.co/cElz3dp4Tc pic.twitter.com/djGzEuTEY1
– Ripple (@Ripple) November 2, 2020
With over 5 million employees, Civic Alliance has over 900 members. Other companies that have joined the Civic Alliance include PayPal Holdings Inc (NYSE: PYPL), Twitter Inc (NYSE: TWTR), Facebook Inc (NASDAQ: FB), and others.
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Ibukun is a cryptocurrency / finance writer interested in conveying relevant information, using non-complex words to reach all audiences. In addition to writing, she enjoys watching movies, cooking and exploring the restaurants in the city of Lagos, where she resides.
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