Ripple’s much-awaited release Rippled 1.0.0 has finally been announced. It was announced by a cryptographer who is also the leading developer of the C++ team at Ripple, Nik Bougalis.
What is Rippled 1.0.0?
It’s the core server of the peer to peer network of XRP. It will be the core of the XRP Ledger, and thus makes XRP more reliable and straightforward with better performance levels.
Nik Bougalis tweeted on the Rippled 1.0.0 release:
“The software is a bit like a soufflé. You can’t rush it. It’s ready when it’s ready. With that said. I think this particular soufflé will be coming out of the oven soon.”
The new code named Rippled version 1.0.0-rcl was updated via the popular software development platform, Github. This rcl, in the end, signifies that the code is Release Candidate 1. It is a Beta version which will help identify bugs using the other developers on Github.
Several rumors are floating around. One is that the release will coincide with Ripple Community Night on May 15th with Snoop Dogg as a VIP guest.
It looks like Ripple is here to stay with primary updates on security and enhancements.
I leave you with this reply by Ripple’s CEO Brad Garlinghouse when replying to negative comments about cryptocurrencies from JP Morgan Chase’s CEO, Jamie Dimon.
“Despite the prognostication of Jaime Dimon, this is an asset class that I don’t think is going away anytime soon.”
Many people in the crypto space say that rippled 1.0.0 might be about the full release of xRapid. xRapid will then finally be ready for full production. Maybe we will even see companies like Western Union or MoneyGram take full advantage of the many benefits that come with xRapid. These two companies also came out recently with results about their xRapid pilot. The conclusion was that both companies were really happy with the results.