New update XRP Ledger version 1.2.0. What's new in the upgrade?

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2019-02-15 22:45:07

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New update XRP Ledger version 1.2.0. What's new in the upgrade? Source:

The development Team has released an update version 1.2.0 XRP Ledger, the programmers reported in the official announcement. Recall that the XRP Ledger is decentralized cryptographic registry, which is supported by a network of P2P servers. In upgrade included several updates: and .

the

List of changes

The First of the updates is designed to reduce claims reserve coins XRP for participants multisig transactions. In other words, translations online that are several times cheaper. First multisig feature was introduced in June 2016. She is one of the three ways to authorize transactions on the blockchain ripple's.

Multisig method has advantages over conventional confirmation of the transaction. It allows several people to own different private keys, which you can use to make a transaction from the same address. Thanks to the wallet with XRP you can access, even if its original owner was missing.

According to the developers, all server owners should upgrade to a newer version of the blockchain until 27 February. Those who will work with the old version will not be able to access the network cryptocurrency. Their servers will block, and they will not confirm the transaction in XRP.

Source: Hacked

Recall, January 24 Ripple team released its financial report for the 4th quarter of 2018. According to the document, they were able to sell XRP in the amount of 535,56 million dollars for the entire year. After a certain period analyst firm Messari declared that Ripple and its capitalization should be several times smaller.

See also:

At the moment, XRP is trading at 0,3023 dollar. For the past day, the cryptocurrency almost not changed its value, its market capitalization also remained unchanged.

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