Ripple activated Version 3.0.0 of the XRP Ledger (XRPL), so that all node operators need to update promptly. On X, RippleX announced that nodes must upgrade to avoid being amended or blocked from network validation.
According to Ripple’s blog post last month, Version 3.0.0 resolves data processing issues related to tokens, escrow, and price. Such corrections improve the precision of on-chain data and advance transaction predictability within the network.
The update will finalize the simulated API and support negative numbers. The ledger entry API has been modified as well to minimize verification errors when dealing with several entries. These enhancements make it strong in terms of accuracy and reduce the failure rate of transactions.
Additionally, the developer experience has been improved. Ripple repackaged code modules, condensed steps of transactions, and enhanced signature validation. The company noted that these changes simplify the codebase and make it less complex to prepare it to support future operating capabilities, like the lending protocol.
The testing and build workflow were also improved. Unit tests now execute in a new healthy System, Docker builds are fast, and CI pipelines are much more efficient in terms of error reporting. Ripple added documentation for typos, improved setup instructions, and added the setup’s hash with SHA-256.
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Ripple pointed out that this protocol is unlike other models of traditional DeFi. It does not utilize smart contracts or security. Rather, it enables the controlled financial institutions to confirm creditworthiness offline without violating the existing financial regulations.
To serve more complicated financial offerings, Ripple also developed the Multi-Purpose Token (MPT). It allows the management of assets in a structured way in case of bonds. Credentials that helped in the verification of identity and Deep Freeze, which assisted in blocking flagged accounts, were some of the tools that were introduced in the roadmap.
Ripple collaborated with Immunefi in a $200,000 Attackathon to test the new lending protocol. The research and development team of global security researchers is welcome to go through its code and inform them about vulnerabilities. The move will ensure that the protocol can withstand its resilience prior to its public application.
Ripple has been experimenting with AI implementation in Amazon Web Services (AWS) Bedrock. All the XRPL nodes generate 30 to 50 GB of logs, which goes to 2.5 petabytes across the network. The data will be analyzed using AI to encourage the identification of problems and the network performance maximization in a shorter period.
The important point in the technical development of Ripple is version 3.0.0. It enhances the reliability of the network, eases developer workloads, and facilitates institutional-level functionality. As the new XRPL ecosystem is rapidly developing, node operators are forced to upgrade to be highly functional and keep up with the new system.
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