XRP Ledger receives a new proposal, here’s what will change

XRP Ledger receives a new proposal, here's what will change
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred when trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content is accurate as of the date of publication, but some offers mentioned may no longer be available.

A new XLS specification has just been released for XRP Ledger, according to Mayukha Vadarisenior software engineer at RippleX, at X.

The proposal “XLS-49d: Multiple Signer Lists” would allow support for multiple signer lists per account.

At the moment, XRP Ledger only supports one global list of signers per account. However, many users (e.g. token issuers) need more granularity. For example, they may want to have one signer list that can generate new tokens and another signer list that can create and edit trust lines.

The current system of global signatory lists will continue to be supported, as the proposal aims to only aggregate signatory lists by transaction type. Accounts can create signer lists that only allow certain types of transactions to be sent on their behalf.

The new proposal is similar to XLS-31d, which proposes allowing specific types of accounting transactions to have their own quorum of signatories, but is more comprehensive in scope.

XRP Ledger Mods Progress

According to the XRPscan The amendment adds a new field, FirstNFTSequence, to prevent recall.

The XRP Ledger amendment process only allows protocol changes after two weeks of over 80% validator support. Therefore, the NFT amendment could be approved if this scenario holds.

Over the weekend, the “fixReducedOffersV1” amendment, which fixes a minor issue with DEX offers, gained support from over 80% of validators and entered a two-week countdown period.

Given the progress made by these amendments, XRPL node operators are advised to update to the latest version, 1.12.0, as they risk the amendments being blocked if they do not do so.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة