RippleX has announced a significant update for XRP Ledger, version 2.5.0, which includes a myriad of new features and enhancements to foster the growth of decentralized applications and exchanges.
New Features of the XRP Ledger Update
One of the key new features is TokenEscrow, which allows the use of escrow with IOUs and multi-purpose tokens. The Batch feature also enables grouping and executing transactions in a single step, simplifying complex operations in decentralized applications.
Enhancements in Security and Performance
The update also includes backend improvements such as enhanced relay logic, stricter RPC behavior, increased transaction throughput, and smarter validator message handling. This version no longer supports old compilers, making it easier to utilize modern build systems.
User Reactions and Next Steps
Ripple CEO Brad Garlinghouse commented on the release, calling it 'huge progress.' The updates are now up for voting, and operators are urged to upgrade their systems as soon as possible, as at least 80% of validators must support the changes over the next few weeks.
The XRP Ledger update 2.5.0 represents a significant step forward for RippleX, opening new possibilities for developers and enhancing the security and performance of the platform.
