xrp-usd
Olumide Adesina•Wednesday, February 5, 2025•1 min read
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MARKETS TREND
The XRP Ledger experienced a rare disruption on Tuesday, stopping block production for approximately an hour before resuming service. The XRP Ledger (XRPL) has returned to regular operations, with no reported asset or transaction losses.
David Schwartz, Ripple’s CTO, stated on X that “consensus was operating, but validations were not being published, causing the network to drift apart. As far as I can tell, very few UNL operators made any adjustments, so the network may recover by itself.’
Schwartz referred to the Unique Node List (UNL), a crucial part of the XRPL consensus mechanism that serves as a trusted validator directory to guarantee network integrity and transaction finality
The XRPL Foundation eliminated a Ripple-operated validator from its UNL in January 2023, reducing Ripple’s influence to two out of 34 validators To adhere to a “one entity, one validator” policy.
Transaction safety was another issue raised by the incident, but Schwartz quickly clarified that no assets were in danger.
“It simply made ledgers less trustworthy for approximately an hour,” Schwartz said.
They chose not to report any trusted ledgers during the incident because the servers knew the network was malfunctioning.
The disruption occurs as the XRP Ledger ecosystem undergoes more significant changes. The network has encountered technical issues in the last year, such as a node crash in November 2024 and a complete history of node failures in September of the same year that necessitated emergency patches.
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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