XRPL 2.4.0 Update: Major Security Upgrades, Dynamic NFTs, and Migration to New UNL

The XRP Ledger (XRPL) has rolled out its latest core server update, XRPL version 2.4.0, introducing critical amendments and security enhancements. This release strengthens the blockchain’s performance and provides new functionalities to improve network efficiency.

Key Amendments and Upgrades

Among the standout features of this update are the DynamicNFT, PermissionedDomains, and DeepFreeze amendments. These changes significantly enhance XRPL’s flexibility and security while streamlining transaction management and access controls.

One of the most anticipated features is the ability to mint mutable NFT objects, enabling metadata modifications. This upgrade allows developers and businesses to create more dynamic and adaptable NFT projects within the XRP ecosystem.

The DeepFreeze amendment further enhances security by allowing token issuers to halt asset transfers when necessary. Additionally, it introduces new measures preventing the movement of liquidity pool tokens associated with frozen assets, reinforcing XRPL’s compliance and security standards.

Migration to the New XRPL Foundation Subdomain

As part of the XRPL Foundation’s ongoing structural changes, a new subdomain, unl.xrplf.org, has been introduced to replace the older vl.xrplf.org. This transition ensures a seamless migration for validators and node operators without disrupting network participation.

The latest release also updates the validators-example.txt file with a new public key published by the XRPL Foundation. This change ensures network stability while maintaining the integrity of the Unique Node List (UNL). The XRPL Foundation will provide additional updates on this migration process in the near future.

Technical Enhancements and Bug Fixes

XRPL 2.4.0 includes several technical improvements aimed at boosting network reliability. A new simulated API method allows users to test transactions before execution, improving transaction accuracy. Enhanced logging features have also been integrated to increase transparency in network validations and proposals.

Bug fixes address previous issues related to validator votes, Windows compatibility, and transaction flag errors. Code optimizations further enhance network performance by reducing unnecessary processes and improving ledger security, allowing validators to set minimum agreement levels for trusted nodes.

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These updates reinforce XRPL’s position as a scalable and secure blockchain network. By refining transaction processing, strengthening security protocols, and providing enhanced developer tools, XRPL version 2.4.0 marks another step forward in the evolution of the XRP Ledger.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.

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