• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Sunday, December 21, 2025
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

With a Latest Update, The Ripple Achieves a Major UNL Decentralization Milestone

January 26, 2023
in Ripple
Reading Time: 2 mins read
A A
With a Latest Update, The Ripple Achieves a Major UNL Decentralization Milestone
ShareShareShareShareShare

Related articles

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

December 9, 2024
Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory

Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory

December 9, 2024

The XRP Ledger, a decentralised layer 1 blockchain, is run by a community of developers globally. However, it has faced criticism for being centralised. One of the most prominent cases is the U.S. Securities and Exchange Commission’s lawsuit against Ripple, alleging that it issued an unregistered security. Critics argue that the initial distribution of XRP to Ripple and the functionality of the XRP ledger contribute to this centralization.

In 2017, Ripple announced plans to increase decentralisation and prevent any single entity from having control over the XRP Ledger. This included switching to validator manifests, enhancing validator security, and publishing a recommended Unique Node List (UNL) using a new Dynamic UNL infrastructure. Additionally, Ripple announced that independent validators would be added to the recommended UNL.

Ripple further detailed this strategy in 2018 by stating that for every two independent validators added to the UNL, one Ripple-operated validator would be removed. The ultimate aim of XRP Ledger is to establish a decentralised network that is run by different entities from diverse locations. The network will comprise a variety of validators, all of which are committed to maintaining the long-term stability and health of the XRP Ledger.

In a latest XRP Ledger development, which is deemed a major success for the blockchain platform, the XRPL foundation has released the latest UNL recommendations. In the list, while NFT platform Aesthetics have been added, a Ripple node has been removed. The XRP Ledger node on the dUNL @rippleitinNZ, wrote via Twitter:

“Ripple is now down to 1 validator on published UNL’s out of 34 (2.9%) and no single entity has more than 1 validator on the UNL.”

Besides the Ripple node, a node from a Korean University has also been delisted. As per the platform, the validator was not in operation for weeks. The validator was occupying a slot for negative unique-node list, which includes validators temporarily offline during crashes or maintenance updates. While the XRP foundation acknowledged that the recent updates have decreased the number of UNLs to 34 from 35, the platform is confident that the list will expand in the future.

Credit: Source link

ShareTweetSendPinShare
Previous Post

NFTs accounted for 28% of the ETH gas usage in January

Next Post

Crypto Exchange Sues Its Hacker

Related Posts

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

December 9, 2024

Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares’...

Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory

Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory

December 9, 2024

Brad Garlinghouse, CEO of Ripple, has publicly expressed dissatisfaction with how CBS News’ 60 Minutes portrayed his interview.The Dec. 8...

Dogecoin Price Still Climbing, While RCO Finance Prepares for a 50,000% Surge by January 2025

Dogecoin Price Still Climbing, While RCO Finance Prepares for a 50,000% Surge by January 2025

December 7, 2024

Dogecoin (DOGE) is one of the best performers from the post-US elections rally. Namely, the Dogecoin price surged by over...

XRP enters corporate treasury reserves with Worksport and BC Bud Co investments

XRP enters corporate treasury reserves with Worksport and BC Bud Co investments

December 6, 2024

XRP’s recent price surge has sparked growing interest from institutional players, with Worksport and The BC Bud Co. announcing plans...

Bitcoin flash crashes to $90,200 causing over $885 million in liquidations

Bitcoin flash crashes to $90,200 causing over $885 million in liquidations

December 5, 2024

Bitcoin’s (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 as the flagship crypto fell back into five-figure...

Load More
Next Post
Crypto Exchange Sues Its Hacker

Crypto Exchange Sues Its Hacker

No Content Available
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview
  • Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
  • BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
  • How High Will Dogecoin Rise If the Markets ‘Go Wild’?

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

Please enter CoinGecko Free Api Key to get this plugin works.
WP Twitter Auto Publish Powered By : XYZScripts.com