COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: XRP Ledger Introduces Cross-Chain Bridge and Decentralized Identity Features
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > XRP Ledger Introduces Cross-Chain Bridge and Decentralized Identity Features
Ripple (XRP)

XRP Ledger Introduces Cross-Chain Bridge and Decentralized Identity Features

In Brief

  • XRP Ledger developers launch Rippled 2.0 with significant feature updates.

  • New features include XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity.

  • Updates enhance functionality and ensure integrity in the evolving Blockchain space.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

XRP Ledger developers have achieved a significant milestone with the release of Rippled 2.0, introducing two impactful feature changes. These features are the XLS-38 Cross-Chain Bridge and the XLS-40 Decentralized Identity (DID). In addition to these enhancements, the update also brings fundamental correction changes and various other improvements to increase the functionality of the XRP Ledger.

Contents
XLS-38 Cross-Chain Bridge and XLS-40 Decentralized IdentityAPI Enhancements and Core Ledger UpdatesProcedural Rigor

XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity

The XLS-38 Cross-Chain Bridge offers a revolutionary feature that enables seamless flow of XRP and tokens issued on the XRPL between the XRPL Mainnet and XRPL Sidechains. It also facilitates movement between the XRPL Mainnet and the planned EVM sidechain.

On the other hand, the XLS-40 Decentralized Identity (DID) provides users with full control over their online identities in a self-sovereign manner. This system is designed to be interoperable with any distributed ledger or network while adhering to the World Wide Web Consortium (W3C) standard. Users can create secure, self-sovereign digital identities by implementing the XLS-40 DID.

API Enhancements and Core Ledger Updates

The Rippled 2.0 release also brought significant updates to the API. The introduction of API v2 focuses on improving user experience by removing old fields and methods, addressing naming inconsistencies, and increasing response consistency. This modernization effort provides a more intuitive and efficient interaction with the XRP Ledger.

To add new features to the XRPL Mainnet, XLS specifications that include significant changes to the core protocol undergo a meticulous change procedure. This involves active participation from the validator community, requiring at least 80% of validators to vote “yes” or “agree” to the proposed change. Maintaining this majority support for at least two weeks is crucial for the change to pass successfully.

Procedural Rigor

After meeting these stringent conditions, the approved change will take effect, and the functions specified in the XLS standard will be seamlessly integrated into the XRPL Mainnet. This procedural rigor ensures that each change undergoes a comprehensive verification and acceptance process before becoming an integral part of the XRP Ledger.

As the XRP Ledger moves towards 2024 with the launch of Rippled 2.0, the inclusion of the XLS-38 Cross-Chain Bridge and Decentralized Identity (DID) marks a significant moment in enhancing the capabilities and benefits of this effective Blockchain platform.

The commitment to maintaining high standards through the change procedure reinforces the integrity and reliability of the XRP Ledger in the continuously evolving Blockchain technology landscape. XRP is trading at $0.61 at the time of writing this article.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Discover How XRP Accelerates the Pharma Payment Network in Seconds

Ripple XRP’s Price Swings Keep Market Enthusiasts Hooked

Florida Firm Strengthens Digital Payments with XRP Technology

Ripple Settles Legal Battle with SEC, Bringing Relief and Controversy

Ripple’s Victory in Legal Tug-of-War Against SEC Ignites Excitement

COINTURK NEWS 11 January, 2024 - 6:20 pm 11 January, 2024 - 6:20 pm
Share This Article
Facebook Twitter
Share
Previous Article Elon Musk Sparks Debate on Cryptocurrency Use on Mars
Next Article Bitcoin’s Bull Case Beyond ETFs: The Influence of Financial Giants
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Brazil Embraces Bitcoin: Belo Horizonte Leads the Digital Finance Charge
Bitcoin News
Gemini Conquers Europe with Strategic Derivative Offerings
Cryptocurrency Exchanges
Trump Cuts Ties with Lobby Firm Over Digital Asset Controversy
Cryptocurrency News
Lido Finance Empowers stETH Holders with New Governance Proposal
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?