Programmability, or the ability to support smart contracts and carry out activities that need computational capacity, may be attained in multiple methods in Ethereum (ETH) and XRP Ledger. According to a developer, XRPL’s architectural features set the stage for Hooks’ adaptability and outstanding performance.
Native features and token standards: Wo Jake explains difference between Ethereum’s smart contracts and Hooks
Software (Hooks and smart contracts, respectively) based on the XRP Ledger and Ethereum are constructed differently. Since its inception in 2015, “standards and cool stuff” have been developed for Ethereum (ETH), while the design of the XRP Ledger contains a number of features “natively.”
Wo Jake, an independent creator of the XRP Ledger and its primary second layer product Evernode, made this claim. He recently acknowledged in a tweet that few people fully comprehend the technical and commercial ramifications of the XRP Ledger with Hooks.
Jake is also certain that the XRP Ledger’s Hooks capability, L2 scaling capabilities, and feature-rich core architecture provide up amazing prospects for flexibility and use.
But there are still a lot of features that need to be added to the technological framework of XRP Ledger:
We have the opportunity to sculpt a complete network since we are the first constructors.
A key native asset of XRP Ledger, the XRP token, is now selling at $0.48 on the biggest spot trading platforms. In the last day, it lost 1.38% of its value.
XRPL Hooks: Audit passed, what’s next?
As previously reported by U.Today, XRPL Hooks, a straightforward smart contract for XRP Ledger, this month finally reached a significant milestone.
On June 6, 2023, it was revealed that cybersecurity company FYEO had finished their assessment of the coding for XRPL Hooks and found no significant flaws.
The debate about the upcoming stages of the Hooks Amendment’s adoption in mainnet is currently picking more momentum. Scott Chamberlain, a co-founder of Evernode and an experienced XRP developer, is convinced that it is preferable to activate this function on a separate sidechain.
