Ripple News Today – How Ripple’s Xpring Plans To Make XRP Transactions Private and What This Means For XRP – April 1st, 2020

XRP2
  • Ripple’s Xpring Plans To Make XRP Transactions Private
  • What Private Transactions Would Mean For XRP
  • Ripple XRP Price Continues to Struggle 

Ripple News Today – Ever since it was introduced, Ripple’s development arm, Xpring, has made significant progress in promoting Ripple and all its products. Recently, Xpring announced that it was making plans to make the XRP Ledger private by adding an opt-in feature. If the community accepts the proposal, the feature will be updated on the Ledger. If you want to view the proposal, you should visit GitHub.

Ripple News Today – Xpring Comes Up With New Privacy Feature For The XRP Ledger

The post on GitHub, which was posted by the head of Xpring development team, Paul Anderson, said that if the new feature is integrated, the XRP token will become anonymous. They intend to add blinded tags and destination tags that will hide the information about the transaction from everyone else other than the originator. So, when a private payment is made on the XRP Ledger, members of the XRP community will be unable to see the sender’s address or the receiver’s address. It would simply appear as a random transaction.

XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020 

The announcement about this new privacy feature comes around the same time that Xpring announced that it is planning to integrate support for STREAM protocol on the Xpring Wallet. Thanks to this integration, people will be able to make transactions in encrypted packets by establishing an HTTP connection through the blockchain-agnostic Interledger.

Ripple News Now – What Will Private Transactions Mean For The XRP Token And How Is XRP’s Price Fairing At This Time?

One of the primary reasons why people opt for blockchain transactions is that they want to take advantage of its anonymous nature. The more privacy a cryptocurrency gives, the more attractive it will be to users. People are already starting to lose faith in XRP. If this privacy feature is integrated, it will encourage more people to use the XRP token and the XRP Ledger for their private transactions. This would lead to an increase in adoption and possibly a boost in the price of the token.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.00-0.80%

The price of XRP would benefit greatly from a price surge as it is currently struggling against the USD. At the time of writing, XRP was trading at $0.172942. This means that it is trading slightly higher by 0.02% against the USD and 2.02% against the price of BTC. The major resistance is at $0.1800. If the price of XRP can move above this level, higher highs will come soon. The trading volume over a 24 hour period is $2,051,109,372 and the market capitalization is $7,598,317,522.

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