Ripple’s xCurrent 4.0 Update Turns On, Soon All Users Will Experience It, Ripple CTO Affirms

Ripple’s xCurrent 4.0 Update Is Live, Soon All Users Will Experience It, Ripple CTO Affirms

David Schwartz, the Chief Technology Officer (CTO) of Ripple, has recently used Twitter to confirm that the 4.0 version of xCurrent is currently live now and that the company is currently making an effort to support all clients as soon as possible.

xCurrent is one of the most important Ripple solutions as it can be used in order to enable cross-border payments for companies and they can track the payments from end to end. Banks are the main users of this technology, which is often used as a way for them to make cheap and fast transactions which can be easily traced.

The new features of the upgrade, according to David Schwartz’s tweet, are xRapid support, easier peering, multi-hop and easier integration for customers.

He also affirmed that this new update was certainly going to be a very complicated one to completely pull off. The architecture of xCurrent 4.0 will be different from what it was before, so this is currently the main problem with the update and the one that might make it be slower than expected.

After the tweet, the XRP community rejoiced. As it is the case with any crypto, XRP has its fans and they avidly wait for Ripple announcements which may translate into XRP becoming stronger and possibly have its prices going up.

Ripple, the creator of XRP tokens, is a company that wants to be the new SWIFT. The company wants to disrupt the cross-border payment industry by creating solutions that will help banks and institutions to save money and time.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Gabriel Machadohttps://bitcoinexchangeguide.com/
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,471FansLike
2,795FollowersFollow
4,195FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat

Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was...

Bank Of Japan (BoJ) Launches ‘Technical' Study to Experimenting CBDCs

The race to launch a sovereign digital currency is heating up as Japan became the latest country to venture into a central bank digital...

This Top Coin, Being the Worst Performer of 2020, Is A Disappointment to the Crypto Market

The fourth-largest cryptocurrency by market cap is currently trading at $0.176 in green by 1.66%, like the majority of the market. With 8.61% losses In...

Cryptocurrency Payment Processor BitPay Finally Announces Support for SegWit

Bitpay, the crypto payment processing giant, has finally integrated the segregated witness (SegWit) protocol, a second layer scalable solution to make bitcoin processing cheaper....

Crypto Hardware Wallet Ledger: ‘Funds are Safe' After ‘BigSpender' Vulnerability Found

A vulnerability was recently discovered by ZenGo in popular cryptocurrency wallets Ledger, Edge, and BRD. Named BigSpender, the vulnerability could lead to a double-spend...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today