• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

David Schwartz Shuts Down XRPL Hub for Major Upgrade

user avatar

by Andrew Smith

an hour ago

In a significant move for the XRP Ledger community, David Schwartz, the former CTO of Ripple, has announced the shutdown of his personal XRPL hub. This decision is part of a broader initiative to implement a major upgrade to version 30 of the network, which is detailed in the document.

Network Performance Data

Schwartz shared a month’s worth of network performance data before the reboot, highlighting the need for improvements.

Upcoming Upgrade Goals

The upcoming upgrade aims to enhance the network's throughput and reduce latency, which are essential for facilitating enterprise-grade transaction routing.

Impact on XRP Ledger

As the architect of the XRP Ledger, Schwartz's actions are expected to bolster the network's efficiency and reliability, paving the way for increased adoption in the enterprise sector.

In a contrasting development, XRP exchange-traded funds (ETFs) have recorded their first weekly outflow, reflecting a shift in investor sentiment. For more details, see the full report here.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

EFCC Files 43bn Forex Fraud Charges Against UBA and Others

chest

The Economic and Financial Crimes Commission (EFCC) has filed a 43 billion forex fraud case against the United Bank for Africa (UBA) and others, citing conspiracy, theft, money laundering, and retention of illicit funds.

user avatarSatoshi Nakamura

Tesla's Q4 Earnings Anticipated Amid Robotics Developments

chest

Tesla is expected to report its Q4 earnings with a focus on its future in robotics and EV deliveries.

user avatarJesper Sørensen

Amazon Strengthens Its Position in Cloud and Advertising

chest

Amazon's growth is increasingly driven by its AWS and advertising segments, with significant profitability improvements.

user avatarRajesh Kumar

SoFi Technologies Expands Rapidly

chest

SoFi Technologies is growing its member base significantly faster than traditional banks, with increasing product usage per customer.

user avatarFilippo Romano

Meta Platforms Continues to Show Strong Growth

chest

Meta Platforms is experiencing significant revenue growth driven by increased user engagement and investments in AI.

user avatarEmily Carter

Apple Reports WebKit Vulnerabilities Threatening iPhone Users

chest

Apple has reported vulnerabilities in WebKit that could impact iPhone users if not updated.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.