CLAUDE
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.
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.
Ripple's XRP Ledger Distributes $1.6M in Wave 5 Grants
XRP Ledger Foundation awards $1.6M to 15 projects in Wave 5 of XRPL Grants. Awardees, from 14 countries, aim to accelerate XRP Ledger adoption with use-cases in Web3 finance, transaction facilitation, and more.
Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.
Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW
Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.