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Ripple price (XRP/USD): Development team releases major client update to improve XRP ledger

on Oct 25, 2017
Updated: Oct 11, 2019
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Ripple’s development team has released of a major update to its ‘rippled’ client. In a statement issued on Monday, the developers said that the new 0.80.0 version of the client introduced a number of enhancements, aimed at improving the reliability, scalability and security of the XRP Ledger.

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Major update

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One major addition, highlighted by the Ripple team, is a SortedDirectories amendment, which sorts the entries in the ledger objects. The amendment also “corrects a technical flaw that could, in some edge cases, prevent an empty intermediate page from being deleted”. Ripple added that the amendment is expected to be enabled on November 7.

The developers advised all rippled server operators to upgrade to version 0.80.0 before that date, to ensure “service continuity”. People who do not upgrade will have their servers “amendment blocked”, meaning that they will not be able to: determine the validity of a ledger; submit or process transactions; participate in the consensus process and vote on future amendments. Such servers could also rely on potentially invalid data, the company said. The new version of the client has already been deployed to all servers controlled by Ripple.

Market performance

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The ripple price (XRP/USD) has lost more than 4% of its value over the past 24 hours, amid a wider decline affecting most of its cryptocurrency peers. The downtrend started developing yesterday, with Ripple falling from an intraday high of $0.217 to a close of $0.206.

In today’s trading, the Ripple price stood at $0.203, as of 15:13 BST. The coin’s total market capitalisation currently stands at $7.85 billion.

For further information on how to buy and trade Ripple, see our comprehensive Ripple guide.

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