XRP Ledger Server Update Addresses Recent Outage
XRP Ledger (XRPL) developers have released a new server update to resolve a temporary outage that affected node operations.
Network Outage Impact
On November 25, XRPL experienced a partial network outage that affected various node types, including Full History, Current Ledger, Pathfinding, and Submission nodes.
The issue was caused by a missing ledger, leading to Ripple’s cluster and Full History servers losing access to the current ledger. This resulted in nodes being unable to validate transactions.
XRPL Labs developer WietseWind highlighted the challenges faced by Full History servers and noted the impact on the network’s functionality.
XRPL Update Details
To address these issues, Brad Chase, RippleX’s Vice President of Engineering, announced the release of version 2.3.0 for XRPL node operators and validators. This update aims to prevent similar problems in the future and improve network stability.
The update includes significant changes such as Multi-Purpose Tokens (MPTs), Clawback support for Automated Market Makers (AMMs), and features for bundling offers with NFT minting.
It also introduces new credentials functionality and server stability improvements. The update also modifies the voting mechanism within the ledger, emphasizing the importance of prompt implementation by operators.
Furthermore, the timing of this update is crucial as XRPL continues to attract institutional participants interested in tokenizing real-world assets (RWAs), including OpenEden and SG-FORGE, the crypto arm of Societe Generale.
Conclusion
The recent XRPL server update addresses the temporary outage and aims to enhance network stability for node operators and validators. With significant amendments and improvements, the update is crucial for maintaining the efficiency and functionality of the XRP Ledger.
