Proposal for Canary Network for XRP Ledger

Developers of Ripple Labs and the XRP Ledger ecosystem have reached a consensus on the need to establish a Canary Network to test major updates and products before their release. The importance of creating a robust test network is highlighted by Wietse Wind, the founder of Xumm Wallet. The Necessity of Testing the AMM Feature The expected Automated Market Maker (AMM) feature on the XRP Ledger was halted due to a bug, demonstrating the importance of testing. Wind has stated that realistic tests with their own tokens and stablecoins are essential to prevent failures. The Canary Network should reflect the XRP Ledger mainnet and encompass all key players in the ecosystem, including traders and developers. Wind emphasizes the contribution of this network to decentralization. Comparison with Other Test Nets The XRP Ledger Canary Network proposal is intended to function similarly to test nets like Ethereum’s Goerli and Sepolia. Ethereum’s major […]

Proposal for Canary Network for XRP Ledger

Developers of Ripple Labs and the XRP Ledger ecosystem have reached a consensus on the need to establish a Canary Network to test major updates and products before their release. The importance of creating a robust test network is highlighted by Wietse Wind, the founder of Xumm Wallet.

The Necessity of Testing the AMM Feature

The expected Automated Market Maker (AMM) feature on the XRP Ledger was halted due to a bug, demonstrating the importance of testing. Wind has stated that realistic tests with their own tokens and stablecoins are essential to prevent failures.

The Canary Network should reflect the XRP Ledger mainnet and encompass all key players in the ecosystem, including traders and developers. Wind emphasizes the contribution of this network to decentralization.

Comparison with Other Test Nets

The XRP Ledger Canary Network proposal is intended to function similarly to test nets like Ethereum’s Goerli and Sepolia. Ethereum’s major updates are integrated into the mainnet after being tested in such environments. For example, Ethereum’s Berlin Upgrade was successfully implemented through test nets.

Following Wind’s proposal, further discussions regarding the development of the Canary Network are anticipated in the coming days. These developments in the crypto world raise questions about the future of XRP, but developers are working to solve the problem, indicating that the network will be back in action. As of the time of writing, XRP is trading at $0.63.

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