Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Wietse Wind, a leading developer on XRP Ledger (XRPL), has raised an argument regarding protocol amendments. The developer argues that an audit is not enough.
The XRPL developer is begging for a better emotion test
Wind Wietse emphasized via an X post that the XRPL amendments need better proof. In essence, the developer is urging XRPL validators to stop treating protocol amendments as just random updates.
In particular, a modification is a new function or proposal for the XRP Ledger, such as adding or improving the types of transactions. It requires more than 80% approval from trusted validators via vote to go live. Once activated, it is permanent and network-wide.
In his post, Wietse Wind named three common, but insufficient, testing methods for testing XRPL amendments. The developer said that audits, hackathons and development tests are not enough to determine the safety of an XRPL modification.
“All combined, multiple iterations,” said developer XRPL. This means that audits, hacks and development tests are all necessary, he repeated rigorously.
He went on to warn validators against voting “yes” to amendments just because it’s cool or has the support of community members.
Wind’s statement is aimed at prioritizing the security of the XRP Ledger. Importantly, a bad patch can break the network, enable exploits or close funds.
The latest XRPL modifications are highlighted
Meanwhile, Wietse Wind recently expressed excitement about an incoming XRP Ledger feature, Batch (XLS-56). This feature allows multiple transactions to be bundled into a batch, all processed together.
You may also like it
The wind, however, noticed that the Batch function can meet challenges; a lack of understanding, which could cause a clash in support.
In contrast, the leaders of Uphold have applaud a new amendmentthe Standard Multi-Purpose Token (MPT), to solve regulatory compliance issues.
To emphasize, the new token standard will allow financial institutions such as banks and asset managers to issue fungible tokens. As a result, banks can issue real-world stablecoins, bonds or tokenized assets directly on XRPL.
In addition, the popular validator XRPL Vet claimed that it has voted to veto the Token Escrow amendment. He argued that it would be more prudent to wait until the token escrow is fixed to be able to properly support multi-purpose tokens.
