Ripple, the digital payments processing system and company behind XRP, is improving the functions of its XRP Ledger with the release of a new XRP Toolkit. The toolkit is now available in its beta 0.3.0 version, which will improve the accessibility and versatility of the ledger.
The launch of the toolkit was announced on its official Twitter account, in a message with a demonstrative GIF:
— XRP Toolkit (@xrptoolkit) November 2, 2018
How the XRP Toolkit Improves XRP Ledger
The XRP Ledger is the backbone of XRP, Ripple’s decentralized native cryptocurrency. Its purpose is to use a consensus process that allows for the facilitation of payments, remittances, and exchanges.
The XRP Ledger determines which transactions are accepted or rejected based on their legitimacy. However, with the release of the XRP Toolkit, the ledger has the…