XRP Ledger (XRPL) released version 3.0.0 of its reference server software, ripple, introducing a wide set of changes, bug fixes, and internal changes aimed at improving accounting accuracy, developer tools, and long-term protocol extensibility.
Operators running XRPL servers must upgrade to the version to maintain network compatibility, according to RippleX, the development arm that oversees the ledger’s core software.
While the release does not introduce headline, user-facing features, it focuses on fixing subtle financial inconsistencies, tightening API behavior, and refactoring code ahead of future protocol upgrades. For a network increasingly positioning itself around tokenization, DeFi and institutional-grade infrastructure, the upgrades matter.
One of the changes is fixTokenEscrowV1, which fixes an accounting bug affecting multi-purpose tokens (MPTs) held in escrow.
Previously, when escrow tokens with transfer fees were unlocked, the ledger reduced the issuer’s locked balance by the gross amount instead of the net amount after fees. Subtracting the wrong number when escrowed tokens were released, creating small but complicated accounting errors, would over time lead to discrepancies between reported supply and circulating balances.
The fix ensures that supply tracking remains consistent, especially as more tokenized assets use XRPL’s escrow and fee mechanisms.
Several other changes address edge-case issues across automated market makers (AMMs), price oracles and token delivery metadata – areas that will become increasingly important as XRPL expands beyond simple payments.
In addition to protocol-level changes, the update improves consensus stall detection, logging clarity, JSON parsing, and CI tooling. These upgrades are aimed at operators and contributors rather than end users and play a critical role in maintaining network reliability.
XRPL version 3.0.0 also raises warning levels for malformed validator manifests and tightens signature verification logic—incremental changes that improve security hygiene without changing consensus rules.
By fixing token accounting edge cases, enforcing stricter APIs, and refactoring core systems, the update strengthens the ledger’s foundation as it evolves toward more complex financial use cases.
