Skip to main content

XRP Ledger Upgrade Incoming: Major Network Issue Addressed

This issue was first discovered in October 2021 and has caused interruptions to the node's functionality.

The Upgrade

The upgrade, called version 1.8.0, is set to be released on December 8, 2021. It will address the SQLite restriction by implementing a new feature called "shardstore," which will allow nodes to store historical data in a more efficient manner. This upgrade is expected to greatly improve the performance and reliability of full history nodes, ultimately benefiting the entire XRP Ledger network.

What This Means for XRP Holders

For XRP holders, this upgrade is a positive development as it will improve the overall health and efficiency of the XRP Ledger. With a more robust network, XRP transactions should become faster and more reliable, leading to a better user experience. Furthermore, this upgrade showcases the commitment of the XRP development team to constantly improve and innovate their technology.

Crypto Tickers and Trending Hashtags

With this upgrade, the XRP community has taken to social media to share their excitement and anticipation. The crypto ticker for XRP, $XRP, has seen an increase in trading volume and price as investors anticipate the potential impact of the upgrade. Additionally, trending hashtags such as #XRPLUpgrade and #XRPCommunity have been used to discuss and share updates on the upgrade.

Final Thoughts

Overall, the upcoming XRP Ledger upgrade is a significant development for the XRP community and holders. It addresses a crucial issue and showcases the dedication of the XRP development team to continuously improve their technology. As the upgrade date approaches, all eyes will be on the XRP Ledger to see the positive impact it will have on the network. As always, it is recommended for XRP holders to stay informed and updated on any developments or announcements regarding the upgrade.


Sentiment Result : Positive

Image
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC

📈💰The Federal Reserve announced today that it will maintain its current interest rates, citing a strong job market and moderate economic growth. This decision comes as no surprise to those in the crypto community, as many have been anticipating this outcome for weeks. However, this news may have some investors feeling slightly disappointed, as they were hoping for a rate cut to boost the market.💸💻Crypto tickers such as BTC, ETH, and XRP have been trending upwards in recent weeks, with many investors hoping for a continued bull run. However, with the Fed's decision to keep interest rates steady, some may be wondering if this will have a negative impact on the market. While it's impossible to predict the exact effect on crypto prices, it's important to remember that the Fed's decision is based on a variety of factors and not solely on the crypto market.📉🌎The Fed's decision also has implications for the stock market, with many investors closely watching the anno...
Post a Comment
Continue Reading »

Bitcoin ETF Blitz: 15,000 Morgan Stanley Advisors Start Tomorrow

This move by Morgan Stanley is expected to bring in a flood of institutional and retail investors into the crypto space, driving up the demand and value of popular cryptocurrencies like BTC, ETH, and ADA . What are ETFs and why are they important? ETFs, or Exchange Traded Funds, are investment vehicles that track the performance of a specific asset or group of assets, such as stocks, commodities, or in this case, cryptocurrencies. These funds allow investors to gain exposure to the crypto market without directly owning the underlying assets, making it an attractive option for those looking to diversify their portfolio and manage risk. Morgan Stanley's entrance into the crypto market This announcement by Morgan Stanley marks a significant milestone in the acceptance and adoption of cryptocurrencies by traditional financial institutions. With over $4 trillion in client assets, the firm's foray into the crypto space is expected to create a ripple effect and pave the way for...
Post a Comment
Continue Reading »

DeFi lender Moonwell enables USDC lending throughout Ethereum

The tool, powered by Base, also lets users leverage their digital assets to send USDC throughout the Ethereum ecosystem. Sentiment Result : Positive
Post a Comment
Continue Reading »