Foundation

Flare

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<a href="https://u.today/xrpl-developer-unveils-huge-vision-for-xrp-fiat-gateway" rel="noopener noreferrer nofollow">XRP Ledger</a> (XRPL) recently received an important update to its Unique Node List (UNL). This development was revealed by the official X handle of XRP Ledger Foundation (XRPLF), an independent, nonprofit foundation that furthers activity and development on the XRP Ledger ecosystem.
XRP Ledger relies on a critical trust mechanism known as the Unique Node List (UNL) to preserve network integrity. At the heart of this approach is a list of validators carefully selected by network participants to prevent fraudulent activity.
Validators are responsible for agreeing on the order and correctness of transactions on the ledger.
The XRP Ledger’s consensus algorithm relies on a majority of validators in the UNL agreeing on the state of the ledger. This makes the UNL a vital component of the network’s security and efficiency; thus keeping the list of validators up to date remains crucial.
<h2 id="key-changes-in-unl-s-update">Key changes in UNL's update</h2>
The most recent update to the <a href="https://u.today/xrp-ledger-updated-its-unl-what-does-this-mean" rel="noopener noreferrer nofollow">UNL</a> includes new changes aimed at improving the performance and security of the XRP Ledger.
These changes include the addition of new validators; the updated UNL has added a new validator to the list. Second is the removal of inactive validators.
<blockquote>
 An updated UNL for the XRPL was released today. The changes are <a href="https://twitter.com/Interledger?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Interledger</a> has been added and <a href="https://twitter.com/ftso_eu?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ftso_eu</a> has been removed. We thank <a href="https://twitter.com/ftso_eu?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ftso_eu</a> on behalf of all operators for their contribution.— XRP Ledger Foundation (Official) (@XRPLF) <a href="https://twitter.com/XRPLF/status/1830542355440554029?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 2, 2024</a>
</blockquote>
In a recent <a href="https://x.com/XRPLF/status/1830542355440554029" rel="noopener noreferrer nofollow">tweet</a>, XRPLF announced that an updated UNL for the XRPL has been released with new changes: a new XRPL validator, Interledger, was added, while ftso.eu, Flare network's infrastructure provider, was removed.
"An updated UNL for the XRPL was released today. The changes are Interledger has been added and ftso.eu has been removed. We thank ftso.eu on behalf of all operators for their contribution," XRPLF wrote.
In a recent tweet, ftso.eu, Flare network's infrastructure provider, stated the reason for its withdrawal, saying, "It decided to focus on Flare Networks now and leave the xrp validator role open for grabs."
Earlier, the Flare network's infrastructure provider stated that it would turn off its XRPL validator by the end of August.

XRP Ledger Issues Major Update for UNL, What's New?

Table of Contents

U_Today

Другие статьи, опубликованные 2 сент. 2024 г.

Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices

Immutable Partners with MARBLEX, Expanding Blockchain Gaming Horizons

Quai Network Secures $5M in Strategic Funding Round

$20 Million $ROAM Airdrop and The Roam Miners Function Introduction (2 Sep)

Top Altcoins Which Will Record A Bullish Rebound This September!

What Is the Recently Funded Bolt Protocol?

Join our free newsletter for daily crypto updates!