- The XRP Ledger will witness a new change which went live yesterday, with the proper permission of Ripple (as usual). The “CheckCashMakesTrustLine” improvement was naturally activated on the XRP Ledger yesterday with a larger number of 27 out of 34 votes.
The improvement will adapt the “checks” option of the XRP ledger that has been accessible for about two years at this time. It works the same as personal paper checks. The sender releases a check for a particular number, at the same time, the receiver must save the check to have the particular amount.
The real circulation of money does not happen till the time the check is cashed, so the check may not pass to clear relying on the sender’s recent balance and accessible liquidity. The new amendment customizes the “CheckCash” transaction so that when a check is cashed for a released token, a trust line is naturally made for the token. This terminates the measure of setting up a faith line before getting a token through a check.
Before the amendment comes into force, users had to give a different “TrustSet” transaction prior to cashing a check for a released token. As a community member, Wo Jake described, the change will be accepted with 27 out of 34 votes on the dUNL, as the list dropped from 35 validators to 34. One validator was shifted to the nUNL:
The validator that was shifted to the nUNL didn’t vote and hasn’t been back to the dUNL for approximately two weeks, as a consequence of which the change surpassed the 80% consensus energy.
XRP Ledger is not dependent on Ripple
The change system gives a way to get familiar with new functionality to the decentralized XRP Ledger network without needing acceptance from a central body like Ripple. The system utilizes a decentralized consensus mechanism in which over 80% of dUNL validators must shower the back for two weeks prior to the amendment can be in power.
In the prior times, there have been doubts related to the decentralized side of the XRPL and the default Unique Node List (dUNL). Although, there are various UNLs and every UNL is a fresh list of validators that works as the base of consensus.
As described by Wo Jake in a prior Twitter thread, there are three broadly known UNLs utilized by the network: that of Ripple, that of the XRP Ledger Foundation, and that of Coil, with completely flapping and the most utilized flapping in the network is being the dUNL.
Source: https://www.thecoinrepublic.com/2023/01/24/know-which-xrp-ledger-went-live-without-ripples-permission/