Rippled 1.0.0 saw a release today on Github. This marks the “gold status” of the product. It has come out of its alpha and beta stage and is now ready to be used by Ripple’s customers.
One of Ripple’s development team members, Nik Bougalis tweeted:
“A large part of the @Ripple C++ team is at #Consensus2018. But that didn’t stop us from just releasing rippled 1.0.0.”
Rippled is the name given to the network on which the XRP Ledger runs. The servers connect to a network of peers, relays cryptographically signed transactions and maintains a local copy of the shared global ledger. It is written in the C++ programming language.
As Ripple’s xRapid product functions on the XRP Ledger, the release of the finished Rippled product signifies that the xRapid product is ready and viable for commercial use case scenarios. This announcement comes hot on the tail of the first live xRapid demo conducted by David Schwartz. It was described by onlooker and crypto enthusiast SecureBlockChains on Twitter as:
“Just watched a live demo of xRapid by @ripple. $100 was sent from NY to Mexico in 2 minutes, which included 2 different conversions in which the result was Pesos in a Mexican bank account. IN 2 MINUTES! The XRP part was done in seconds. #xrpthestandard”
The xRapid product seems to be ready for the market as well, with the XRP community speculating that it will be launched at the community night.
User gamedev368 said on Reddit:
“Yes this the software behind xRapid. I’m sure they’ll have an official announcement to pronounce xRapid officially out of beta.”
Users on Twitter rejoiced with the announcement, with user XRPTrump saying:
“1.0.0 It took a while to get here but you guys came here with a bang! #xrpthestandard”
Bank XRP said:
“Amazing. Thanks for all the Hard Work. You must be Proud and you should be.”
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XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind
XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error.”
A Twitter user, @BlueNETGaming, tweeted Wietse Wind, inquiring the same. Wind confirmed that it was just an “infrastructure blip,” and that there was nothing to be worried about.
Oops! Sorry! Infrastructure blip. Really easy fix but I enjoyed an offline afternoon with my girls 😇 So I only found out after some time, when I checked my phone. Monitoring, messages, calls 😇 Social media tips went through during the downtime. Sorry! 😆
— Wietse Wind (@WietseWind) June 23, 2019
XRP TipBot is probably the first and most widely accepted use-case of XRP. It leverages the transaction settling time of XRP Ledger to make tipping easy among peers on Twitter, Reddit, and other platforms, and this was the brainchild of developer Wietse Wind.
After TipBot, a lot of other cryptocurrencies have tried to mimic this idea of facilitating tipping; an example being Bitcoin’s, Tippin.Me which leveraged Lightning Network for tipping users. Although successful, it isn’t as popular as Wind’s TipBot.
The reason behind the same is that XRP Ledger allows transaction settlement in under 5 seconds, which makes tipping fast and efficient, unlike Bitcoin’s transactions which take a few minutes for transactions to be confirmed.
This is same reason why XRP is being used as a liquidity provider for cross-border payments in Ripple’s proprietary product, xRapid.
XRP community is a tightly-knit community with people who are very bullish about XRP’s success. There are equally talented developers in the community who are developing apps that help create more use-cases for XRP.
SchlaubiDev is one such developer known for developing plugins for Gmail and Microsoft Office, plugins that allow a user to send XRP over e-mails.
Ripple has identified Wind and his team’s talent and inducted them into Xpring, which finances them to help develop more community-based apps for increasing XRP use-cases.
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