Blockchain Development Platform QuickNode Now Adds Support For XRP Ledger

June 30, 2023 - Around 3 mins mins to read

Key Points:

QuickNode adds support for XRP Ledger, boosting Web3 adoption.
XRPL offers reliability, fast transactions, and diverse use cases.
QuickNode simplifies infrastructure for developers, enabling high-quality dApp development.

QuickNode, a leading provider of blockchain infrastructure solutions, has announced an interesting platform announcement. It supports the XRP Ledger (XRPL), making it the company’s 23rd blockchain technology.

Blockchain Development Platform QuickNode Now Adds Support For XRP Ledger

QuickNode claims that XRPL may be used for a variety of purposes, including tokenization, CBDC, DeFi, and stablecoins. This integration intends to enable developers within the XRPL ecosystem and boost Web3 technology adoption via dependable and efficient blockchain solutions.

The XRPL offers developers significant utility and flexibility, allowing them to write in Python, Java, and JavaScript. The XRPL is appropriate for any independent developer or organization looking to create a wide range of use cases.

The XRPL is a very beneficial blockchain platform for developers looking to construct enterprises. Throughout the last decade, the protocol’s capabilities have been enhanced to allow for scalable blockchain development. This allows developers to begin on creative projects and applications in a variety of use cases, including as payments, tokenization, decentralized finance (DeFi), and others.

A Proof-of-Association (PoA) consensus method underpins the XRPL’s functionality. Validators, or network servers, achieve consensus every 3-5 seconds, assuring the sequence and result of XRP transactions. The XRPL’s robust encryption assures the system’s integrity, while transaction openness provides public accountability.

The addition of XRPL infrastructure to QuickNode’s platform expands the potential for developers globally. With rapid access to full blockchain capability, developers may tokenize assets, explore sophisticated payment systems, and exploit a variety of XRPL features without having to study, construct, and manage smart contracts.

QuickNode’s support for XRPL strengthens its position as a premier blockchain infrastructure provider. QuickNode enables developers to concentrate on creating high-quality decentralized apps (dApps) while easing their Web3 strategy by simplifying node management, synchronization, and providing a full platform. It has demonstrated its dependability and scalability in serving industry-leading projects by processing over 200 billion requests per month across 14+ locations globally.

QuickNode received $60 million in Series B fundraising in January of this year, valuing the company at $800 million. Dan Tapiero’s 10T Holdings led the round, and Tapiero will also join QuickNode’s board of directors. According to The Block, other Series B backers included Reddit founder Alexis Ohanian’s Seven Seven Six, Protocol Labs, Tiger Global, and QED Investments.

The addition of XRPL to the QuickNode platform marks yet another step forward in the evolution of Web3 technologies. QuickNode helps the development and acceptance of blockchain solutions by offering developers with easy access to the established XRPL infrastructure, stimulating creativity, and increasing the possibilities within the XRPL ecosystem.

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Harold

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