XRP Ledger Releases New Version 1.12.0: Details

HomeBlockchain

XRP Ledger Releases New Version 1.12.0: Details

An updated version 1.12.0 of the decentralized public blockchain XRP Ledger (XRPL) has been released. The new development was announced on September 13 by RippleX – an extension team in charge of developing the XRP Ledger.

Per the announcement, RippleX encourages users to upgrade to the new version to enable service continuation and the ability to participate in voting for subsequent amendments like XLS-30.

The latest version adds new features. In addition, version 1.12.0 of Rippled comes with bug fixes and introduces amendments such as AMM, Clawback, and fixReducedOffersV1.

Explaining amendment and new features

According to a blog post on its official website, AMM presents an automated market marker (AMM) to XRPL decentralized exchange. This feature enables users to trade digital assets without a counterparty.

The amended Clawback feature adds an “Allow Clawback” setting which allows an issuer to recover or claw back previously issued tokens. It is important to note that issuers cannot enable this setting if they have already issued tokens.

Advertisement

thegreensafe large horizontal banner

fixReducedOffersV1 on the other hand reduces the occurrence of order books that have been blocked by reduced offers.

Additionally, Version 1.12.0 of Rippled – the reference server implementation of the XRP Ledger protocol, also comes with bug fixes. Some of the errors fixed include adding a “pre-commit hook” that runs the clang-format linter locally before committing changes.

Also, the ServerHandlerImp was renamed to ServerHandler. Hand-rolled code was replaced with std::from_chars to enable better maintainability. See all fixed bugs Here.

Similarly, the Docs and Build system saw several updates. For example, the update checkout versions were updated to resolve warnings during GitHub jobs. Also, an issue with the Debian package build was fixed. Conan recipe was updated for NuDB.

Upcoming Devnet reset

Meanwhile, XRPL previously announced a reset for its Devnet test network. This reset is scheduled to take place on September 19, 2023. A brief Devnet outage of less than one hour is expected during the time of the reset.

It is important to know that Ripple runs several altnets like Testnet, Devnet, and AMM-Devnet for various reasons. As opposed to the Mainnet, these chains are centralized and its validators are run by a single entity so that they can be reset.

Read Also:

Special Offer (SPONSORED)

Binance Free $200 (Exclusive): Use this link to register and receive $200 free trading fee credit (terms).

"3Commas Trading Bot" Special Offer: Use this link to Sign up with 3Commas and get 10% off your first monthly subscription.

Victor Nnamdi Igbor "Swaezy" is a crypto enthusiast and writer with over 8 experience in blogging. He is an easy person and when not working, loves to have a good time.