Each participant operated its own version of the ledger, rather than having the participants act as nodes in a single distributed ledger, the report said. Nevertheless, the participants were able to settle both sides of transactions simultaneously, finding a massive speed boost compared to the current system. While the report detailed some of the technical aspects of the test – it used an undisclosed permissioned blockchain network and was written in the Rust programming language – it did not provide many details about how the simulation was conducted or how they confirmed transaction settlements.
Ripple CTO Breaks Silence on Bitcoin OG Roger Ver’s Arrest
Ripple CTO David Schwartz has broken his silence on the recent arrest of Bitcoin Cash advocate Roger Ver in Spain over...