David

Coin

<ul class="news-points"> 
 <li>Ripple Labs CTO David Schwartz said the primary function of validators is to help nodes confirm conflicting transactions.</li> 
 <li>Nodes can identify transactions, access transaction logs and identify valid transactions.</li> 
 <li>Validators in the XRP Ledger coordinate activation of features, but can’t force nodes to accept them.</li> 
</ul> 
In a recent tweet on X, formerly Twitter, <a href="https://coinedition.com/sell-ftx-crypto-assets-divide-the-cash-between-victims-ripple-cto/">David Schwartz</a>, the chief technology officer at Ripple Labs, clarified the role of validators in the XRP Ledger – the decentralized public blockchain backing the <a href="https://coinedition.com/ripple-cto-says-company-cant-go-around-debunking-xrp-predictions/">XRP token</a>. According to him, the primary function of validators is to help confirm conflicting transactions and prevent a system failure.&nbsp; 
Schwartz said the only way to interact with the XRP Ledger is through a node, which anyone can run. He added that if users choose not to use a node, someone else is running a node that allows them to interact with the ledger. He equated this to placing trust in someone’s hands. 
To further emphasize the role of nodes in the ledger, Schwartz added that nodes do not need validators to identify valid transactions. Per the post, all nodes have access to the transaction logs and transaction rules, which have been…
The post <a rel="nofollow" href="https://coinedition.com/ripple-cto-xrpl-validators-help-maintain-order-not-control-nodes/">Ripple CTO: XRPL Validators Help Maintain Order, Not Control Nodes</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Ripple CTO: XRPL Validators Help Maintain Order, Not Control Nodes

Coin Edition

Ďalšie články zverejnené 26. 9. 2023

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