Ripple Chief Technology Officer (CTO) David Schwartz has provided an update on his next project for the XRP Ledger (XRPL). He stated that it is almost production-ready and explained what it entails.

Ripple CTO Gives Update On Next Project

In an X post , the Ripple CTO said that the next project, which relates to an upgrade on the XRPL , is going well. He noted that there has been one spike in latency that only affected a few links that were already poor. Schwartz added that the tiny drop in network bandwidth appears to be a monitoring dropout and doesn’t show on the switch port’s monitoring. In line with this, he opined that they are nearly production ready.

When asked on what exactly the project was about, the Ripple CTO explained that he is running a hub server

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