Ripple announced the release of version 1.0.0 of Rippled yesterday. Rippled is the name of the peer-to-peer network that the XRP Ledger operates on.
The release marks around 6 years of work on the Ledger. The update improves upon several features implemented in the previous updates. The update will also continue using the semantic versioning feature to organize and track releases in the future. According to the official release:
“v1.0.0 also symbolizes the growing maturity of the software and the increased stability of the decentralized, growing network of nodes that are running the software all around the world.”
The last date for the update of nodes and server operators to Rippled 1.0.0 is 14th June. Failing to upgrade to the 1.0.0 version will result in the block of the server by “Amendment”. These blocked servers cannot validate the ledger, process transactions, participate in consensus, and also cannot vote on future amendments. The Ripple team has already deployed the 1.0.0 update to the servers under its control.
The update includes changes to the history sharding protocol, and can now use the shard store to satisfy ledger requests. It also contains changes to the permessage, deflating, and compressing defaults.
Among other things, this marks a milestone in the development of Ripple’s xRapid product, as a big part of its function occurs on the XRP Ledger. The consensus protocol of the XRP Ledger allows for settling of transactions in about 4-5 seconds, with a transaction throughput of 1500 tps.
Redditors rejoiced at the release, with user deific_ saying:
“Lets get some volume up in here please! Hope we’ll see some real customer usage with the announcement of live version.”
User CuongTrong777 said:
“Does that mean Ledger Nano S users have to upgrade?”
User XRPTrump on Twitter said:
“In just a few years $XRP Ledger (rippled 1.0) will be recognized as the most valuable and transformational software to be written in the entire history of the world and the impact will be felt for decades to come.”