New features and enhancements to the XRP Ledger are anticipated, further solidifying XRP’s position as a market leader in cryptocurrencies.
Vet, a cofounder of xrpcafe and an XRPL dUNL validator, has tweeted about future changes to XRP Ledger that would be included in the next rippled (XRP ledger server) version 2.3.0 -rc2.
The peer-to-peer network, which processes transactions and comes to an agreement on their conclusion, is operated by the rippled core server.
The prerelease version of 2.3.0 -rc2 would have a number of new modifications, including FixReducedoffersV2, NFTokenMintOffer, FixEnforceNFTokenTrustline, FixInnerobjTemplate2, fixNFTokenPageLinks, Credentials, MPTokensV1, AMM Clawback, and fixAMMv1-2, according to a screenshot that Vet posted.
Multi Purpose Tokens (MPT), a new token standard for RWA tokenisation, is one of the revisions that Vet emphasises. Tokens such as the soon-to-be Ripple Stablecoin RLUSD can be used in the AMM thanks to the AMMClawback functionality.
Credentials would expand the first amendment’s deposit authorisation functionality and compliance, whilst NFTokenMintOffer allows NFT generation in a single step while combining minting.
Vet claims that, aside from crucial fix revisions and other improvements, “the list of amendments for XRPL is packed.”
XRPL recent developments
Last month saw the release of version 2.2.3 of Rippled, the standard server implementation for the XRP Ledger protocol. The version fixes a problem that caused full-history servers’ SQLite databases to run out of space. It didn’t include any new changes.
The recent deployment of price oracles on the XRPL is a significant advancement that enhances the XRPL’s built-in capabilities and promotes the growth of institutional-grade DeFi use cases. Integrations with two Oracle partners, Band Protocol and DIA, are now available to developers.
Another significant development is the proposal of three new XRPL specifications for Decentralised Identifiers (DIDs): XLS-70d: Onchain credentials, XLS-80d: Permissioned domains, and XLS-81d: Permissioned DEX. These specifications give users, not centralised entities, authority over their digital identities.
