The validator finally voted to launch a native non-fungible token (NFT) feature against Ripple’s XRP Ledger (XRPL). Ripple upgrades the server for protocol implementation. However, Ripple’s CTO, David Schwartz, isn’t ready to vote in favor yet.
Is this fix useful for XRP?
Ripple’s DEV blog states that it has performed extensive testing to ensure that its NFT code is stable, scalable, and efficient, and that it can provide the volume expected of a ledger. The results proved to be beneficial to the team as the team believes that XRPL can support the additional transaction load.
However, test results will be announced in the coming weeks. This is done to better understand the performance features and resources that server operators need. Validators are asked to do their own research on the issue before accepting it.
Ripple CTO wants to wait
On the other hand, Ripple’s CTO seems a little Be careful when voting “yes” For updates. Schwartz said he supported the amendment. However, if he was a validator, he would not have voted “yes”. He added that he would at least refrain from upgrading to 1.9.1 without other authenticators reporting any issues.
Schwartz has published the theory that validators don’t have to wait. Even if the vote turns out to be in favor of implementing the code, it will not be valid for the next two weeks. However, withdrawals are an available option in case of problems.
On the market side, Ripple’s native token XRP is still trading under great pressure. The price of XRP tokens has fallen by more than 42% in the last 30 days. The average price at the time of pressing is trading at $ 0.4126. Meanwhile, since the announcement of the NFT, the 24-hour trading volume of XRP tokens has increased by about 50% to $ 1.4 billion.
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