- XRP Ledger celebrates the closure of its 80 millionth ledger after ten years.
- Ripple’s CTO emphasizes XRPL’s significance in CBDCs for cross-border funds.
- Ripple receives Greatest Sustainability Initiative and Digital Forex Chief awards.
In a major milestone for the XRP Ledger (XRPL), the famend blockchain community has lately closed its 80 millionth ledger, signifying a outstanding decade-long journey of development and success.
The XRPL explorer and community evaluation platform, XRPScan, took to Twitter on Wednesday to announce the landmark victory for the XRP blockchain. The achievement highlights the enduring energy and reliability of the XRP Ledger and the continual contributions made by its devoted community contributors.
Notably, every ledger represents a block of transactions efficiently validated and recorded on the blockchain. The achievement underscores the outstanding variety of occasions the XRP Ledger has processed and added new blocks, solidifying its place as a dependable and environment friendly community.
Since its inception roughly 10.5 years in the past, the XRP Ledger has established itself as a outstanding decentralized blockchain platform, revolutionizing digital transactions by providing customers quick and cost-effective transactions utilizing XRP tokens. Lately, Ripple’s CTO, David Schwartz, underlined the importance of the XRPL in relation to central financial institution digital currencies (CBDC), tweeting:
The CBDC Platform reaffirms the importance of the XRP Ledger because it’s constructed with the identical core ledger know-how. It has the power to work together with XRPL and use XRP as a bridge foreign money for cross-currency and cross-border funds.
Moreover, Ripple, the corporate that created the XRPL, was lately awarded the Greatest Sustainability Initiative in Digital Forex and Digital Forex Chief of the 12 months at a digital foreign money convention.