Ripple recently announced the debut of its XRP Ledger version 1.9.0, and this new release is relevant for a plethora of reasons we’ll go into throughout this piece. For starters, the latest update introduces an amendment to the XRP Ledger protocol to allow the support of NFTs natively on the XRP ledger.
Being able to support NFTs natively is a massive step forward for Ripple, and this means that the company will be less dependent on third-party players to support NFTs, putting a larger chunk of its destiny in the company’s hands.
Following the XRP Ledger’s amendment process, the amendment is now open for voting, and the public was able to learn about this through release notes shared by the company. If more than 80% of trusted validators vote in support of a change over two weeks, it will be passed according to set community guidelines.
Talking about ledgers might not be a topic that’s attractive and intuitive to a large chunk of people, but over the next few sentences, we’ll look into what this means for the company and its users. What can you expect from this ledger with improved and expanded NFT functionalities as a current or intending Ripple user?