As a seasoned crypto investor with over a decade of experience navigating the digital asset landscape, I find the recent updates to XRP Ledger’s Unique Node List (UNL) intriguing. The XRPL Foundation’s commitment to continually improving the ecosystem’s security and performance is commendable.
The XRP Ledger (XRPL) has just undergone a significant upgrade to its Unique Node List (UNL). This enhancement was unveiled by the official account of the XRP Ledger Foundation (XRPLF), a charitable organization that promotes and advances activity within the XRP Ledger network.
The XRP Ledger utilizes a crucial trust system called the Unique Node List (UNL), which helps maintain the network’s security. Essentially, this system operates by having a group of validators chosen with care by the network users to deter any unlawful actions.
Validators are responsible for agreeing on the order and correctness of transactions on the ledger.
In simpler terms, the XRP Ledger’s agreement system depends on most of its key validators (UNL) reaching an accord about the state of the ledger. This means that the UNL plays a significant role in both the security and efficiency of the network, so it’s essential to regularly update the list of these validators.
Key changes in UNL’s update
The latest modifications made to the UNL are geared towards enhancing the functionality and security of the XRP Ledger, bringing about significant improvements.
1. One modification involves incorporating fresh verifiers (validators); the revised UNL now includes an additional active verifier on the list. Another adjustment pertains to eliminating dormant verifiers.
In a recent tweet, XRPLF announced that an updated UNL for the XRPL has been released with new changes: a new XRPL validator, Interledger, was added, while ftso.eu, Flare network’s infrastructure provider, was removed.
Today, a revised version of the UNL for the XRP Ledger was unveiled. This new edition incorporates Interledger and eliminates ftso.eu. We express our gratitude to ftso.eu, as a collective of XRPL operators, for their valuable contributions. (XRPLF statement)
Through a recent tweet, ftso.eu, the infrastructure provider for Flare Network, announced their reasoning behind their departure, stating, “They have chosen to concentrate on Flare Networks at this time, leaving the XRP validator position available for others to claim.”
Previously, the organization responsible for the Flare network’s underlying structure announced its intention to deactivate its XRPL validator by the end of August.
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2024-09-02 17:39