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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration

RippleX proposes the XLS-30 AMM amendment for XRPL, aiming to enhance decentralized finance. Introduced to Devnet in Nov 2022, it's now up for validator voting. The protocol offers native AMM functionality and a unique auction mechanism to reduce impermanent loss, optimizing asset trading.

by Jessie A Ellis
Sep 10, 2023

CRYPTOCURRENCY

Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration

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