XRP Ledger Nears a New Payments Update

1 day ago 4

Rommie Analytics

Key Takeaways

  • Batch V1.1 had 27 supporters when checked.
  • It needs 80% support for two weeks.
  • A batch can contain eight linked transactions.
  • All-or-nothing mode avoids partial completion.
  • The first Batch version never activated.

XRP Ledger’s Batch V1.1 amendment had support from 27 of the 35 validators tracked by XRPScan when checked. The amendment is nearing the 80% level required to begin its activation period and, if adopted, would let applications group up to eight connected transactions under one Batch operation.

Its practical purpose is to make multi-step payment and trading flows less fragile. An app could link several instructions that need to happen together instead of treating each one as a separate event that might leave the process incomplete.

Batch needs 80% support for two weeks

With 35 validators in the tracked set, the 80% threshold is reached at 28 supporting validators. That would start the activation period; t...

Read Entire Article