XRP Validator Operates Out of Former Nuclear Bunker in Sweden

An XRP validator has chosen a somewhat uncommon spot to safe the XRP ledger from.

“As a part of our dedication to make sure the long-term well being and stability of the XRP Ledger, Towo Labs is now working a validator from Pionen White Mountains, a former nuclear bunker 30 meters beneath the streets of Stockholm, Sweden,” the XRP developer tweeted.

“Our validator runs on a bare-metal server that includes a 3.4 GHz hexa-core CPU, 64 GB DDR4 RAM, {hardware} RNG, mirrored NVMe SSDs, redundant PSUs and 1 Gbit/s community hyperlink,” a reply tweet detailed.

A validator, because the identify implies, validates transactions on the blockchain.

Knowledge Protection Middle

Pionen was constructed as a civil protection middle in 1943 to make sure important authorities features. It will possibly face up to a hydrogen bomb as a result of it’s buried underneath a mountain and accessible solely by a tunnel. It has since been transformed into an information middle, owned and run by Bahnhof, Sweden’s oldest impartial ISP.

In keeping with XRP developer Towo, the subterranean refuge presents robust bodily safety. Its connectivity is so good that it facilitates one among Sweden’s Web change factors. Additionally, the info middle runs completely on renewable vitality, and the warmth waste warms close by properties.

XRP Reeling

Ripple’s XRP token has been reeling lately. In December, the Securities and Alternate Fee (SEC) introduced that it will search costs in opposition to Ripple Labs Inc and its former and present CEOs. The indictment is over alleged unlawful gross sales of XRP. After the announcement, the token instantly dropped 17% and has since misplaced its top-five place on CoinGecko.

Amidst this regulatory strain, there’s rising hypothesis that Ripple Labs executives have been dumping their tokens. On February 17, @whale_alert observed a switch of 10 million XRP, or roughly $5.4 million. Chairman Chris Larsen or different Ripple executives are the first suspects of this transaction. On February 15, a tweet declared that founder and former CTO Jed McCaleb would promote his XRP over the approaching months.

Moreover, UK-based Tetragon Monetary Group is suing Ripple Labs. The funding administration firm is demanding that the XRP operator purchase again $175 million price of its shares. Tetragon accused Ripple Labs of “enjoying phrase video games.”


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