In a monumental achievement for the cryptocurrency world, the XRP Ledger (XRPL) has officially closed a staggering 80 million ledgers, marking a historic moment in its illustrious 10.5-year journey.
The news broke on the social media platform Twitter when XRPScan, a prominent XRP community account, shared the awe-inspiring milestone with its followers.
With the XRP Ledger acting as the backbone of the XRP cryptocurrency, this remarkable feat showcases the resounding success and unwavering commitment of network participants who have played an integral role in its continuous growth and development.
The XRP Ledger’s momentous achievement serves as a testament to the immense popularity and global adoption of Ripple’s digital asset XRP, which has garnered significant attention within the crypto sphere.
While this extraordinary accomplishment is a cause for celebration, it also highlights the boundless potential and limitless possibilities that lie ahead for the XRP ecosystem.
However, as the ledger continues to evolve, the contributions of network participants will undoubtedly play a pivotal role in shaping the future of digital finance.
XRPL Grants Program Opens Applications for Wave 6
Meanwhile, RippleX, the developer ecosystem of Ripple, recently announced that the XRPL Grants Program had opened its doors for Wave 6. The program aims to fund innovative projects that leverage web3 for financial use cases on the XRP Ledger (XRPL).
The XRPL is an open-source, decentralized blockchain known for its energy efficiency and global developer community. It offers various features, including decentralized exchange, trust lines, and escrow, making it an ideal platform for building new financial use cases.
The XRPL also supports the incorporation of non-fungible tokens (NFTs) and fungible assets for real-world asset tokenization.
Developers applying for Wave 6 grants can focus on a wide range of projects, such as financial equity and inclusion, regenerative finance, decentralized finance (DeFi), data and indexing, payments, e-commerce, tokenization of real-world assets, decentralized compliance and security, interoperability, developer tools, oracles, and insurance.
The XRPL Grants program will review applications in multiple stages, with notifications expected within 6-8 weeks after submission. Finalists will undergo interviews before the awarded projects are publicly announced in September 2023.
For developers seeking to create innovative web3 financial projects, this is an excellent opportunity to receive funding and support from the XRPL Grants Program. “Applications will be accepted from April 25 – June 18, 2023, at 11:59 pm Pacific Time.”
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