The development of the XRP ledger is now well established and a large amount of new open source software has been developed for use with the cryptocurrency. The latest version is the XRP Toolkit version, which is now marked as beta ready in version 0.3.0.
The XRP toolkit called “MyEtherWallet for XRP but for steroids” is an interface to the general XRP ledger. It is designed to give users easy access to general ledger data, expose FUD and disseminate information about the XRP ledger.
It was launched in mid-2018 by RareData, a member of the XRP community with experience in software development. In its launch statement, he stated:
“The XRP ledger was designed not only to send and receive XRP, but also to provide decentralized, currency exchange and escrow transactions for good reasons.” The XRP toolkit project was launched to … exploit the full potential of the XRP Ledger. “
Now an operational application is presented that can retrieve information from the XRP ledger, prepare, sign and send transactions. This allows you to effectively sign to XRP ledger transaction using only a hardware wallet and a web browser.
The project was created to accelerate the introduction of XRP to the general public, promote learning and experimentation with the XRP ledger and provide hardware support for multisig coordination and case studies.
Users can now connect to the XRP application in the general ledger hardware portfolio. In addition, they can send and receive XRP payments through the application, change account settings, view inventory balances and recent transactions, and customize account settings. Since this is a beta version, RareData has also included a pre-installed test wallet feature with 10,000 XRP.
The service is also safe because all transaction signatures are executed on the client side in the browser or in the hardware portfolio. HTTPS with HSTS preload and DNS security enhancements guarantee maximum security.
RareData also announced that the project is already operational and should be launched in early 2019 with the first stable version. The short-term code priorities include adding additional logon options and full XRP support for multiple hardware portfolios.
The next version will offer connection options with Secalot, generate and store encrypted JSON key files, enable notifications by SMS and exchange in the decentralized exchange through XRPL. The stable version offers options such as a QR code reader, sending signed transactions and payment channels. Chat alerts and support for Trezor and Ellipal will be released in version 2.0.0.
This should allow the accessibility of the XRP ledger, as well as the extension of its various functions. It also gives users the opportunity to learn more about the XRP ledger by eliminating most of the surrounding FUDs.
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