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Ripple XRP Ledger stablecoin

Ripple-Funded Research Proposes How To Speed Up XRP Ledger

Jake Simmons
by Jake Simmons
4 months ago
·
Posted in Ripple
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In an academic paper, researchers from the University of Luxembourg have unveiled a novel approach to enhance the communication efficiency of Ripple’s XRP Ledger. The research, supported by the Luxembourg National Research Fund and Ripple’s University Blockchain Research Initiative (UBRI), delves into the intricacies of Named Data Networking (NDN) as an overlay to optimize the XRP Ledger’s consensus-validation mechanism.

Remarkably, the authors of the research (Lucian Trestioreanu, Wazen M. Shbair, Flaviene Scheidt de Cristo, and Radu State) should be very familiar to the XRP community as they’re behind PayIDSecure. The project was awarded the first place in the PayID hackathon, for the grand prize of $15,000 in XRP. PayIDSecure is a privacy-preserving PayID server using decentralized identity (DID) and Access Control Lists (ACL).

With PayID online casinos Australia gaining traction due to their convenience and integration of Ripple technologies, this showcases the expanding real-world utility of XRP-related infrastructure beyond finance, into gaming and everyday payments.

Ripple Continues To Fund XRPL Development

The paper, titled “XRP-NDN overlay: Improving the Communication Efficiency of Consensus-Validation based Blockchains with an NDN Overlay,” addresses a critical issue in the scalability of Distributed Ledger Technologies (DLTs)” like the XRP Ledger. The problem can be stated: How can the performance burden due to a high number of messages induced by flooding at scale, be alleviated?” the researchers note, highlighting the challenge of maintaining efficient communication while scaling the network.

Related Reading: Ripple Labs’ UBRI Connect To Debut XRPL Banking Interface Prototype

Named Data Networking (NDN) emerges as the linchpin in this research. Unlike traditional IP-based networks that focus on delivering packets to specific destinations, NDN fetches data by name, offering content caching to improve delivery speed and reduce congestion. “NDN is a type of content distribution network which instead of delivering packets to a given destination (IP), it fetches the data by name, offering content caching to improve delivery speed and reduce congestion, and built-in multicast,” the paper elucidates.

The researchers propose and rigorously evaluate four distinct models—Polling, Announce-pull, Advanced-request, and Piggybacking—to map XRP consensus to NDN. Each model aims to minimize the number of messages processed by XRPL nodes, thereby enhancing network efficiency.

“The most suitable solution is the encapsulation of validations in Interests disseminated with multicast,” the researchers conclude, referring to their Piggybacking model. This model not only reduces the number of messages but also ensures “robust dissemination and low latency.”

Related Reading: Why Ripple And SEC May Never Face Off In Trial Court: Lawyer

The research employs both a real lab testbed and the production network for experimental evaluation. Metrics such as the number of validations in/out of a node, network load, and interarrival time between validations were meticulously analyzed. “The model improves over baseline as shown by comparing interarrival times, while ensuring robust dissemination and low latency,” the paper states, affirming the efficacy of the Piggybacking model.

While the paper funded by Ripple marks a significant stride in optimizing the XRP Ledger, it also outlines future research directions, including real-life scenario testing, robustness and security assessment, and cost analysis. “We plan to test real-life scenarios to further assess robustness and security, and also a cost analysis,” the researchers indicate.

Featured image from Global FInance Magazine, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jake Simmons

Jake Simmons

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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