Proposals, discussions and developments on horizon for XRP
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With all the proposals, discussions and developments on the horizon, XRP Ledger is set to level up and reinforce its position as a leading player in the digital asset space., an XRP Ledger and DLT researcher, shares an exhaustive list of what is in the pipeline for XRP Ledger.
The XChainBridge amendment allows for cross-chain asset transfers across distinct independent ledgers, such as a mainchain, for instance XRPL, and a sidechain, such as an EVM-Sidechain. Use cases include adding wrapped XRP as a native asset on a sidechain and EVM-Interoperability. This amendment is currently being voted on, with a new bug fix set to be released in v2.2.0.
Several amendments are also up for discussion, such as the Managed Single Asset Tokenized Pool, Sponsored Fees and Reserves, NFToken Escrows, proposed Lending Protocol and Atomic/Batch Transactions. XRPL Plugins and Hooks are presently in the draft stage. The proposed Lending Protocol allows for native decentralized lending on the XRPL by using single-asset pool funds to offer fixed-term loans with preset conditions for interest-bearing debt. The Atomic/Batch Transactions Status allows the grouping of up to eight transactions into a single unit to allow for simple"smart-contract-like" automation.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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