Ripple Announces New Release to Support Advanced NFT Functionality: Details

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Ripple Announces New Release to Support Advanced NFT Functionality: Details
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ICYMI: Ripple has announced the release of XRP Ledger version 1.9.0 to support NFTs NFT XRPnews XRPArmy

, this amendment is now open for voting according to the XRP Ledger's amendment process, which enables protocol changes following two weeks of more than 80% support from trusted validators.

If successfully passed, this might permit advanced NFT functionality as developers can now create applications that allow users to mint, transfer and ultimately burn NFTs on the XRP Ledger., spoke about the latest release: ''Ripple validators will veto bringing XLS-20 to mainnet until we feel confident in NFTs impact on XRPL. In the meantime, we're conducting performance testing and plan to share our results with the broader community.

He explained further: ''Ripple has long been a responsible participant in the XRPL community, and while we're excited to contribute to NFT technology on the XRP Ledger, we're also committed to its stability and scalability. As such, today's release includes a number of performance improvements, and the ultimate outcome of XLS-20 will be up to the collective XRPL community.

The first batch of NFTs is expected to be available in Q2, 2022, and will comprise an intimate selection of original, momentous photos of Michael Jordan, as well as his thoughts and observations leading up to the photo. From celebrities like Snoop Dogg and Paris Hilton to professional athletes like LeBron James, and major brands including Disney and the Grammys, the media and entertainment space has been among the earliest adopters of NFT technology.

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