Wednesday, June 25, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Ripple’s XRP Hits New Milestone As 80% Of Validators Are Now Being Run By Third-Parties

by firstcryptonews
October 15, 2019
in News
Ripple’s XRP Hits New Milestone As 80% Of Validators Are Now Being Run By Third-Parties

People in the cryptocurrency market have always wondered if XRP was truly decentralized or not. The biggest concern was related to validators being owned by Ripple itself, however, XRP has recently just hit a tremendous breakthrough where 80% of its validators are not owned by Ripple.

According to the XRP’s Validator Registry, only about 20% of the validators are controlled or associated with Ripple. Validators are nodes that participate in the consensus process of Ripple to validate transactions. This is one of the most important tasks to maintain the XRP network.

Ripple allows operators to associate any node with any specific domain that is under their control. According to the official website, this encourages trust and transparency. The Ripple team stated that they are actually planning to reduce their presence even more and eventually to leave the process to third-parties entirely.

The cryptocurrency exchange, CoinField has recently launched an XRP validator and has reportedly been working on a new project based on the XRP ledger. According to the official announcement on Twitter, Coinfield said the project will be a game-changer.

“We have a great team of advisors in our upcoming #XRPL project. All well-known figures in #cryptocurrency space. I’ll be thrilled to announce the names & the details of the project very soon. This will be a game-changer!”

Ripple’s XRP has seen a 32% loss in price this year, currently trading at $0.279. A big loss compared to most of the other top cryptocurrencies which have experienced a pretty significant increase in price this year.

Fortunately, the adoption of XRP seems to be increasing, in fact, the company recently invested $750,000 in the cryptocurrency wallet, BRD, to boost XRP adoption.

Related Posts

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

by firstcryptonews
June 25, 2025
0

The BTC reserve will fund high-performance AI modules, multichain compatibility, and decentralized storage systems. Seattle, WA – June 25, 2025...

Atua AI Rolls Out Smart Automation Sync for Multi-Agent System Collaboration

Atua AI Rolls Out Smart Automation Sync for Multi-Agent System Collaboration

by firstcryptonews
June 23, 2025
0

Coordinated AI Agents Now Enable Seamless Workflow Execution Across Decentralized Environments Singapore, SG – June 23, 2025 – Atua AI...

FurGPT (FGPT) Powers Cross-Platform Recognition Tools for Smarter Virtual Companion Sync

FurGPT (FGPT) Powers Cross-Platform Recognition Tools for Smarter Virtual Companion Sync

by firstcryptonews
June 20, 2025
0

New tools allow AI pets to seamlessly adapt and respond across Web3 wallets, apps, and environments. London, UK – June...

Atua AI Builds Modular AI Control Stack for Scalable Decentralized Development

Atua AI Builds Modular AI Control Stack for Scalable Decentralized Development

by firstcryptonews
June 20, 2025
0

New Stack Architecture Enables Custom AI Deployment and Greater Automation Control Across Web3 Singapore, SG – June 20, 2025– Atua...

Atua AI Enhances Resource Allocation Intelligence to Optimize Protocol Operations

Atua AI Enhances Resource Allocation Intelligence to Optimize Protocol Operations

by firstcryptonews
June 19, 2025
0

Smarter AI Coordination Boosts Efficiency and Scalability Across Decentralized Workflows Singapore, SG – June 19, 2025– Atua AI (TUA), the...

Colle AI Enhances Creator Profiles With Configurable Publishing Infrastructure

Colle AI Enhances Creator Profiles With Configurable Publishing Infrastructure

by firstcryptonews
June 19, 2025
0

New publishing framework introduces tailored NFT drop settings, modular layouts, and improved audience engagement tools Seattle, WA – June 19,...

Next Post

Acash Coin ACA First ever IEO In P2PB2B


Acash Coin ACA First ever IEO In P2PB2B

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Atua AI Refines Workflow Flexibility to Optimize Enterprise Deployment Flow

Atua AI Refines Workflow Flexibility to Optimize Enterprise Deployment Flow

2 weeks ago
Phaeton

Phaeton Announces IEO Launch on LAToken & P2PB2B

4 years ago
U.S. Budget Chief Asks for a Two-Years Huawei Ban Delay

U.S. Budget Chief Asks for a Two-Years Huawei Ban Delay

6 years ago
GenBox AI Presale Live: Revolutionizing Game Development with NLP and AI

GenBox AI Presale Live: Revolutionizing Game Development with NLP and AI

1 year ago
Yetubit

YetuSwap : Innovative Decentralized Exchange on Binance Smart Chain.

4 years ago
QPBIO’s “announcement of rebranding for the Platform expansion”

QPBIO’s “announcement of rebranding for the Platform expansion”

3 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

June 25, 2025

Press Release

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

June 25, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News