Published
5 years ago on
November 08, 2018
The XRP Ledger is the like the back support for the XRP token. Its whole purpose is to use a consensus process which allows for the facilitation of payments, exchanges and remittances. The XRP Ledger determines which transactions are accepted or rejected on their legitimacy. However, with the release of the XRP Toolkit, the ledger has the potential to become so much more. As you can see from the above tweet, the toolkit is an interface to the XRP ledger which enables users to seamlessly access data and look for the information that they require. The toolkit also improves user experience through its interface and improves the transactions for XRP by singing, preparing and submitting transactions. As said by Invest In Blockchain:The first public XRP Toolkit beta version is now live! See XRPChat for more information: https://t.co/5eYFoX4Hib pic.twitter.com/ZPg91ajScA
— XRP Toolkit (@xrptoolkit) November 2, 2018
“By improving the XRP Ledger, the XRP Toolkit will make XRP more versatile and possibly increase awareness and adoption around the world. It may also encourage experimentation and a deeper understanding of the XRP Ledger.”Recently stated by a popular community member who began the project for the toolkit, RareData, has said:
“The XRP ledger was built for way more than simply sending and receiving XRP, it features things like a decentralized exchange, issued currencies and escrow transactions for good reasons. The XRP Toolkit project was started to… unlock more of the XRP ledger’s full potential.”What are your thoughts? Let us know what you think down below in the comments! Investment Disclaimer
