David Vance

Read

Eden

Passive Income

<ul>
 <li>Ripple CTO David Schwartz proposes XRP Ledger (XRPL) to include an automated market maker (AMM) feature.</li>
 <li>Schwartz emphasizes the necessity of community consensus before introducing this transformative feature to the XRP Ledger.</li>
 <li>The recent rippled version 1.12.0 paves the way for AMM, also hinting at a potential clawback feature.</li>
</ul>
In a recent discourse on X,&nbsp;<a target="_blank" href="https://twitter.com/JoelKatz/status/1710201527514882454" rel="noopener noreferrer nofollow">David Schwart</a>z, Ripple’s Chief Technology Officer, spotlighted the prospects of incorporating an automated market maker (AMM) within the XRP Ledger (XRPL). Schwartz, known for his profound insights, described AMMs as captivating facets of decentralized finance, potentially propelling the XRPL to newer horizons.
Currently renowned for its unparalleled speed and adaptability, the XRP Ledger has continually redefined cross-border transactions and remittances. If the community rallies behind the AMM proposition, Schwartz envisages a rapid transformation, with implementation feasible within a fortnight.
However, for this vision to materialize, a collective consensus is pivotal. Despite the allure of AMM, highlighted in the rippled version 1.12.0 release, Schwartz is clear: the community’s nod is paramount. Only with overwhelming agreement should validators proceed to embed this innovation into XRPL’s decentralized exchange framework.
As Ripple’s visionary, Schwartz remains steadfast in his commitment to decentralization, championing community-driven advancements.
Ripple and XRP continue to shape the future of crypto, with advancements like AMM hinting at an ever-evolving, inclusive financial landscape.
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/xrp-ledgers-automated-market-maker-will-validators-unite-for-activation/" rel="noopener noreferrer nofollow">XRP Ledger’s Automated Market Maker: Will Validators Unite for Activation?</a></li>
 <li><a href="https://cryptonewsland.com/xrps-design-and-centralization-debate-insights-from-ripples-cto/" rel="noopener noreferrer nofollow">XRP’s Design and Centralization Debate: Insights from Ripple’s CTO</a></li>
 <li><a href="https://cryptonewsland.com/xrp-holders-set-to-earn-passive-income-with-revolutionary-xrpl-update/" rel="noopener noreferrer nofollow">XRP Holders Set to Earn Passive Income with Revolutionary XRPL Update</a></li>
 <li><a href="https://cryptonewsland.com/xrp-ledgers-new-clawback-feature-sparks-debate-ripples-cto-shares-insights/" rel="noopener noreferrer nofollow">XRP Ledger’s New Clawback Feature Sparks Debate: Ripple’s CTO Shares Insights</a></li>
 <li><a href="https://cryptonewsland.com/magic-eden-amm-launch-unique-lp-options-prize-pool/" rel="noopener noreferrer nofollow">Magic Eden Debuts AMM: New LP Options and $50,000 Prize Pool</a></li>
</ul>
The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/is-xrpl-gearing-up-for-a-major-shift-ripple-cto-weighs-in/">Is XRPL Gearing up for a Major Shift? Ripple CTO Weighs In</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.

Is XRPL Gearing up for a Major Shift? Ripple CTO Weighs In

Crypto News Land

Other articles published on Oct 8, 2023

Proposal Spot Bitcoin ETF Bisa Disetujui dalam Hitungan Bulan

Top Altcoins To Watch Next Week: Litecoin (LTC), Solana (SOL), and Polygon (MATIC) May Lead An ‘U...

Bitcoin bulls encircle $28K as trader says 'big' buyer must step in

Ripple CTO urges AMM integration into XRP Ledger

South Korean AI App EPIK Peaks at No. 1 on U.S. App Store with Yearbook Photo Sensation

Ripple vs. SEC: Lawyer's Predictions Point to a 2027 Resolution

Join our free newsletter for daily crypto updates!