Ripple announced earlier today about the availability of The DepositAuth and fix1513 amendments. This was followed by the new Rippled version 0.90.1 upgrade a few weeks ago which made it a compulsion for all the Rippled server users to upgrade to it immediately for the service continuity.
The DepositAuth Amendment lets an account strictly reject any incoming money transactions sent by other accounts while the fix1513 fixes the calculation switchover implementation issue in the fee escalation queue. The announcements were made official on Ripple’s website today requesting the users to upgrade to it immediately.
What happens if you don’t?
Operating an older server (below 0.90.0) will result in an amendment blocked server which:
- Cannot determine the validity of a ledger
- Cannot submit or process transactions
- Does not participate in the consensus process
- Does not vote on future amendments
- Could reply to potentially invalid data
Although using the 0.90.0 version server is not amendment blocked but still requires to be upgraded to the higher version for some important security fixes otherwise, the Rippled version may abruptly stop or restart.
Ripple has been constantly in news for their relentless efforts on the development and maintenance of technology, huge partnerships and many other things in store. Like every other trader’s concern, the prices have not been steady for Ripple [XRP].
The current trading value for XRP is $0.48 and the market cap which was almost around $23 billion earlier this month and has fallen down to $19 billion as seen at press time.
According to some unconfirmed sources, Ripple is expected to work Apple, a big techie worth 900 million. Neither Apple nor Ripple have officially announced this news.
Alexa Richmond, an XRP trader says:
“Not long before Ripple integrates with Amazon, Google, and Alibaba. The next step is xRapid then Booom! Conquer Alibaba before Tron does which they obviously will.”
Marc De Roon, a blogger and YouTuber tweeted:
“Great news like so many since we saw ATH but the price is still dumped until cryptos are unpaired, they will all drop together regardless of the good news.”
Mohammed Sharaiyra, a market enthusiast says:
“I keep repeating myself; this will NEVER affect XRP price unless money is poured into XRP itself. All these announcements talks about IOV (internet of value), banking solutions and all the big deals will only benefit Ripple Company! not XRP “coin” public investors!!!”
Subscribe to AMBCrypto’s Newsletter
EOS and Litecoin [LTC] lead the charge as the cryptocurrency market continues to rise
Dow Jones: Market slips as Trump claims ‘there is nothing magical’ about US-China talks
XRP/USD Price Analysis: Cryptocurrency settles into sideways movement as bull run ends
XRP/Ripple: R3’s Corda Settler dApp to be tested by InstiMatch Global using XRP
Mt. Gox: Infamous Bitcoin exchange had several issues with its code, reveals Mark Karpeles
DigiByte community gears up for Global Summit while founder Jared Tate finalises book on decentralized internet
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Ethereum [ETH] could have been stolen through malware impersonating MetaMask
After Bitcoin [BTC] ETF silver lining, SEC puts forth circular on ICOs
Bitcoin [BTC]: Mt Gox redemption plan demonstrates the power of open source network, says Brock Pierce
- Press Release
A New Generation of Crypto-Exchange: ALL IN ONE Crypto-Exchange
- Bitcoin Cash
Bitcoin Cash [BCH] support rolled out by Coinbase custodial wallet app
Flash Hike: XRP pumps by 10% as most top-10 coins gleam green