The number of intriguing ideas and developments introduced by decentralized blockchain that serves as the house of the remittance token, XRP Ledger, has just been upped with the launch of a new feature aimed at offering users better and simplified experienced, NewsLogical can confirm.
After reaching a consensus, XRP Ledger has finally introduced the Deletable Accounts Amendment, XRPSCAN, a leading XRP Ledger and Block Explorer, mentions.
Agreement on the introduction of the amendment was reached after a voting process with 80% consensus was conducted. A 15-days compulsory voting period made way for the implementation of the Deletable Accounts amendment today, May 8, 2020.
The amendment, according to an erstwhile manager at XRPCentre, Arturo Portilla, was done via the ledger 55,313,921.
May 8, 2020.
After maintaining an 80% consensus during the mandatory 15-day voting period, the XRPL DeletableAccounts Amendment became enabled on May 8, 2020 at 4:29:30 UTC, through the ledger 55,313,921.
— Arturo Portilla (@Arturo_P_A) May 8, 2020
Although the amendment is now active, XRPSCAN said users can decide to opt-out by deleting their account and as well make a recovery of 75% of their reserve balance.
“Voting for Deletable Accounts amendment has concluded and this change is now active. It should be possible to delete your accounts and recover 75% of your reserve balance.”
Since April, not less than 3 developments have been initiated on the XRP Ledger. On April 1, the lead C++ software engineer at Ripple, announced the proposition of Blinded Tag feature to enhance the privacy on XRP Ledger.
Also, the XRP ecosystem is expanding. The XRPL-based banking application XUMM rolled out a series of upgrades. Other developments includes the release of liquidity for XRP and SOLO token on the XRP Ledger, among others.