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XRPL’s ver. 1.4.0’s ‘Deletable Accounts’ supported by validators’; yet to be enabled

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XRP has maintained its position among the top three cryptocurrencies, while the development arm of Ripple, Xpring kept up with the innovation streak and the XRP ledger version 1.4.0 was released on Friday, 10 January.

Xpring wrote in a tweet:

“XRP Ledger version 1.4.0 is available on Mainnet and introduces “Deletable Accounts,” a new Amendment that allows users to delete old XRP accounts, and recover some of their base reserve.”

However, an XRP enthusiast and market observer, @tenitoshi, pointed out that the latest version has not yet been enabled and that the changes will not be reflected unless a certain number of validators support it. According to the Amendment status of version 1.4.0, three amendments were going to be included in the update. The other two amendments have been supported by validators and according to @alloynetworks, they will “be enabled once the 2-week window is over.”

According to the voting data provided on XRPscan, Deletable Accounts amendments status noted support but has not yet been enabled, at press time. The consensus was 70.59%, with 24 votes and 9 vetoes.

Source: XRPscan

Source: XRPscan

Source: XRPscan

Source: XRPscan

According to the blog by XRPL, the Deletable Accounts will help new accounts begin sequence numbers equal to the sequence number matching the index of the ledger in which the account is created. It added:

“This change protects accounts that are deleted and later re-created from having their old transactions executed again.”

Other updates in the 1.4.0 version include support for improved management of peer slots and the ability to add or remove connections without restarting the server.

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Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.
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