XRP News Today: Ripple CTO Confirms XRP Ledger Unaffected by 1-Minute Monitoring Glitch

Ripple’s Chief Technology Officer, David Schwartz, has addressed recent concerns over a brief technical glitch affecting the XRP Ledger (XRPL) monitoring system. While the issue caused a temporary disruption in performance data collection, Schwartz emphasized that the core network remained fully operational and stable throughout the incident [1].

The anomaly lasted approximately one minute and was attributed to a malfunction in the monitoring system rather than the ledger itself. According to Schwartz, the ledger continued to process approximately 11,000 requests per second across 173 peer nodes, with a response time of around 0.006 seconds per request, demonstrating the network’s robust performance [1].

Schwartz highlighted that the affected monitoring tool was being improved to prevent similar issues in the future. He also confirmed that the ledger’s operations, including transaction validation and consensus mechanisms, were not impacted by the glitch. This includes handling various types of requests such as transactions, server queries, and network structure maintenance [1].

To maintain network integrity, servers flagged as abusive were disconnected during the incident. This peer policing mechanism, developed eight years ago, plays a critical role in preventing excessive load and potential threats. Schwartz encouraged developers to engage with and strengthen this system, noting that not all peers can be trusted and that malicious actors may attempt to exploit vulnerabilities [1].

In addition to addressing the technical issue, Schwartz discussed the potential of trust lines in reshaping cross-border payments. Trust lines allow institutions to create tokens that are held only by approved accounts, with a 0.2 XRP reserve requirement per line. This feature aligns with the original vision of XRPL, which includes facilitating seamless international transactions. Schwartz linked this capability to Ripple’s broader Interledger Protocol, which enables interoperability across different payment systems [1].

Despite the short-lived monitoring issue, the XRP Ledger’s performance remained consistent and reliable. The CTO’s emphasis on trust lines and peer validation underscores Ripple’s commitment to institutional adoption and innovation in the global payments landscape.

Source: [1] Update: Ripple CTO Downplays XRPL Glitch, Assures Ledger Is Running Smoothly (https://coinmarketcap.com/community/articles/68a25a3470f43f43c4f20f4e/)