βΉοΈ Deletes exactly 2 #XRPL trust lines with very specific IDs that exist solely due to an old bug from 2013, and then does nothing else afterwards.
βΉοΈ Changes the so-called "OfferCreate" #XRPL transactions so that when no funds were really moved while canceling the "Offer," the outcome should not be "success," but rather "killed."
βΉοΈ Transaction cost calculations will be simplified since "fee units" will be replaced withΒ #XRP drops, removing the requirement to convert the results of those "fee units" to XRP first when computing XRP fees.
Nonetheless, I would vote "Nay" for the time being since a ton of servers would get amendment-blocked.
[11/12] β Servers that run on old #rippled code β
Your server must run at least v1.10.0 to avoid being amendment-blocked very soon.
βοΈ Over 200 nodes and 15 validator servers will be impacted βοΈ
[12/12] This should provide you with a high-level summary of the few changes planned to the #XRPL, which will mostly cover and improve performance concerns.
[1/π§΅] What's still upcoming and in the pipeline for the XRP Ledger? π§
My attempt to summarize what the brilliant @aanchalmalhotre "casually" laid out in a 25-minute talk at XRPL Apex this year. π
[2/15] β 1β£ Key-Challenges β
Privacy and compliance are at odds with each other, and balance is key.
A lot of what the TradFi world is used to and expects still doesn't exist or is purposefully different in blockchains, like transparent transactions or low confidentiality.
[3/15] β 2β£ Key-Challenges β
Institutions also expect their on-chain operations, aka transactions, to be highly customizable and controllable because of factors like internal risk management.
π They expect the XRPL to be programmable for their dedicated policies.
With all these new integrations and partnerships, I bet you are pretty much overwhelmed by all the alien-like jargon. π€¨
A little vocabulary crash course ahead π
[2/20] β 1β£ Overview β
What just happened today is nothing less than the complete onboarding of the XRPL to the vast and entire web3 blockchain ecosystem (+ Bridging protocols and available liquidity).
π All via the XRPLEVM sidechain, Axelar and @squidrouter.
[3/20] β 2β£ Overview β
What does this mean in practice? π§
πΈ New tokens on the XRPL DEX (bridged by @axelar)
πΈ Literal (and easy) any-to-any swaps (via Squid)
πΈ Liquidity from the entire web3 ecosystem (via CORAL)
πΈ Bridged XRP accessible on 80+ chains (through XRPLEVM)
USDB β Braza Group
πΈ Expected to be MiCA regulated in 2025
πΈ Fully backed by $-denominated assets
πΈ Reserves held by Braza Bank Banco de CΓ’mbio S.A.
πΈ A bank licensed and regulated by the Brazilian Central Bank
[1/π§΅] There's a new site from @Satish_nl that you should definitely check out! π§
It's @xpert_page and from what I've seen so far, it's a mix of a "mini-CV" + donation functionality via XRPL and XAHL for your online (project-) presence. π
Let's take a look at what's inside π
[2/9] β Featured Creators β
It's all brand new, so there're only a few personal pages & project pages active right now.
Later the idea is to have a complete XRPL & XAHL-based project directory that you can browse through & donate to if you want to support the guys behind it π₯
[3/9] β 1β£ First Steps β
The moment I logged in with my gmail account and paid the simple price of 20 XRP that's valid for 5 years I had to set a profile pic, a banner and create a bio.