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[SITUATION] · [QUIET] · [TECHNOLOGY]
2 clusters · 10 sources · 9 days · First seen · Last updated
XRP Ledger ecosystem developments
Overview
The XRP ecosystem has seen recent activity regarding both social presence and technical infrastructure. The XRP cryptocurrency launched an official account on X, managed jointly by Ripple and the XRP Ledger Foundation (XRPLF), with a debut message stating, ‘hello, world. It’s about time.’
On the technical side, developers are testing a new transaction type known as ‘SponsoredAccountCreate’. This proposal aims to allow users to create blockchain wallets without an initial XRP deposit by shifting the responsibility for the required base reserve to a sponsoring account. If approved by validators, this change could lower barriers for stablecoin payments and applications by allowing businesses to manage reserves centrally.
Entities
Timeline
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[TECHNOLOGY] 7 sourcesXRP Ledger developers propose zero-XRP wallet creation
XRP Ledger developers are testing a proposal to allow users to open wallets with zero XRP by letting sponsors cover the required account reserves, potentially easing stablecoin adoption.
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[TECHNOLOGY] 4 sourcesXRP launches official X account managed by Ripple and XRPLF
XRP has launched an official X account under the @XRP handle, jointly managed by Ripple and the XRP Ledger Foundation.
Sources
chemanalyst.com · coinpaper.com · coinpedia.org · cryptobriefing.com · it-boltwise.de · neweconomy.jp · rande-academy.cz · spacemoney.com.br · timestabloid.com · u.today