XRP Ledger Not Falling Apart, Network Records Over 600 Nodes

The XRP Ledger remains fully operational with strong validator participation despite ongoing issues.

The XRP community has been in the middle of a hot debate that has led to the decommissioning of some nodes. At the heart of the contention is a proposal that seeks to restructure the member and governance procedure at the XRPL Foundation (XRPLF).

However, the proposal has not gone down well with some infrastructure providers in the ecosystem, some of whom see it as a takeover attempt by Ripple. Nonetheless, this remains speculative.

Amid the debate, the XRPL Ledger remains strong despite the issues, according to on-chain data. Precisely, there are still 629 modes active on the network, with the number of validators currently hovering around 132.

Notably, the majority of validators are running the latest Ripple software version (indicated by blue dots in the chart below)

Moving beyond validators, the network has seen nearly 2,500 XRP accounts created in the past two days. At the same time, the network has recorded over 1.4 million successful transactions, maintaining an impressive range of 44 transactions per second.

XRPL Ledger Matches On 

The continued seamless operation of the XRP Ledger in the wake of the community debate evidently underlines that a majority of validators are still committed to the future of the network.

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Additionally, it may suggest that the vast validator community does not consider the controversial governance proposal a serious issue at this time.

Meanwhile, the XRPL continues to witness a number of remarkable technical advances. One such advancement that is currently in the works is the ability for developers to deploy smart contracts on XRPL.

Earlier this week, Ripple took another step in the right direction, partnering with EasyA to introduce educational content guiding developers to build dApps on the network.

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• Source: https://thecryptobasic.com/2024/01/30/xrp-ledger-not-falling-apart-network-records-over-600-nodes/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-ledger-not-falling-apart-network-records-over-600-nodes