Ripple Foundation, the company behind the current 3rd most significant cryptocurrency, XRP, has just introduced its XRP Ledger version 1.3.1. According to an official statement issued earlier today, the XRP Ledger version 1.3.1 is a major network upgrade that promises better user experience. The new version is built to improve optimization as well as broaden the range of services the XRP ledger offers.
XRP ledger users are encouraged to migrate to the latest version as soon as possible to ensure they enjoy better operations and services.
For those who might not be aware of what an XRP ledger is, the Ripple ledger is a decentralized cryptographic ledger that utilizes the XRP token as its default currency. The XRP ledger is also driven by a network of peer-to-peer servers that ensures it remains compliant to cryptocurrency standards. The platform supports the decentralized exchange of virtual currencies, fast settlements, and safety of transactions.
With the release of Ripple XRP’s latest blockchain upgrade, servers will be better placed to automatically detect transaction control efforts strengthening the platform’s security and efficiency, the announcement states.
According to information from the San-Francisco based blockchain firm, the new version, v1.3.1, is designed to address deadlock conditions that were reportedly existent in v1.3.0.
How to Install or Update Ripple (XRP) Ledger
Contrary to earlier XRP ledger versions, the installation instructions for XRP ledger version 1.3.1 is different.
For new installation cases, users should ensure their personal computers meet the minimum software and hardware specifications for the latest versions.
The hardware and software requirement for XRP ledger version 1.3.1 entails the following minimum requirements:
A personal computer that runs either on the latest Mac OS X, Windows (64-bit), Linux OS, Ubuntu 16.04 and above, Debian 9.x or the RedHat Enterprise Linux operating system.
The CPU ought to be 64-bit and 2+ cores.
As for the storage capacity, the machine should have a RAM that is 8GB and above and a ROM that has a minimum space of 50GB for the database to partition. Users are strongly advised to use an SSD that has a minimum of 1000 IOPS. It is prudent to know that more is better.
In enterprise production environments, Ripple Foundation advises running XRP ledgers on bare metal that possess the following characteristics for better performances:
- Ubuntu 16.04 and above as the Operating System
- A machine that runs on an Intel Xeon 3 and above GHz processor with at least four cores that have enabled hyperthreading.
- A machine that is running on a 32 GB RAM
- And a network that has a fast internet connection.
Users should ensure their machine’s system time maintains the accurate time as the XRP ledger servers rely on the accuracy of time.
Updating XRP Ledger Platforms
Updating is a bit simpler as compared to installation. All that users require to do to update their existing XRP ledger platforms is ensure automatic updates are enabled on their machines.
What Should Users Expect from XRP Ledger version 1.3.1?
The latest XRP ledger introduces some new features and general optimizations to the codebase that include the fixMasterKeyAsRegularKey amendment. The fixMasterKeyAsRegularKey code amendment fine-tunes the consensus process timing increasing support for the decentralized validator domain verification process.
The XRP ledger version 1.3.1 also incorporates other developments in the transaction censorship detection code, log file rotation code, transaction validation code, config file parsing code, and transaction validation code. Other improvements have also been made in the build, package building, testing, and continuous integration pipelines.
Other Ripple XRP News
According to the latest market statistics, 900 million XRP tokens that are worth more than 251 million US dollars were sold by Ripple this quarter. The token sale that saw XRP being sold at about 0.27 USD per coin is 50% higher than last year’s quarter. Ripple seems not to be slowing down on its broader plan of going mainstream as it continues launching better products that make its platform competitive and attractive in the market.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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