<ul><li>SBI VC Trade launches a validator node on the XRP Ledger, aiming to bolster security and stability while gaining recognition from the UNL.</li><li>SBI VC Trade&#39;s validator seeks to represent Japanese XRP holders&#39; interests, considering their input in future network upgrade decisions.</li><li>By launching a validator node, SBI VC Trade aims to support the XRP Ledger&#39;s development as a trusted and scalable blockchain for businesses.</li></ul>SBI VC Trade, a subsidiary of Japanese financial firm SBI Holdings, has <a href="https://x.com/sbivc_official/status/1788738226372722835" rel="noopener noreferrer nofollow">announced</a> the launch of its validator node on the XRP Ledger, a decentralized layer 1 blockchain platform. Effective May 10, 2024, the company aims to establish itself as a stable validator and contribute to the ledger&#39;s governance and growth.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/01c53f5255c3456f9f9f8ac6fd328bf9.png" />As an operator of a validator node, <a href="https://cryptotale.org/usdc-enters-japanese-market-through-circle-sbi-holdings-strategic-partnership/" rel="noopener noreferrer nofollow">SBI VC Trade</a> will assist in maintaining the security and stability of the XRP Ledger. Validators are crucial for verifying transactions and securing the network. By continuously providing stable operation and gaining trust within the community, SBI VC Trade seeks to earn a place on the Unique Node List (UNL), a curated set of trusted validators recommended by the XRP Ledger Foundation. Being included in this list will enhance SBI VC Trade&#39;s ability to directly contribute to decision-making processes, including the adoption of new features and protocols.<a href="https://cryptotale.org/sbi-vc-trade-initiates-validator-node-on-xrp-ledger-to-enhance-security/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

SBI VC Trade Initiates Validator Node on XRP Ledger to Enhance Security

CryptoTale

Other articles published on May 10, 2024

US Banks Test Blockchain for Dollar-Based Asset Settlements

Kraken again asks to dismiss SEC lawsuit, citing incorrect wording

Will Akash Network (AKT) Surpass its April High with 26% Surge?

Donald Trump's Crypto Endorsement Lauded By Industry Figures Who Vow To 'Support President Trump'

XRP News: SBI Holdings Launches Validator On XRP Ledger, What’s Next?

ZKasino’s $31m ETH returned to team wallet after founder’s arrest

Join our free newsletter for daily crypto updates!