Home XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments

XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments

Share
XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments
News
Share

The XRP Ledger (XRPL) is preparing for another major software upgrade, with the upcoming xrpld v3.3.0 release expected to introduce five proposed amendments aimed at expanding the network’s capabilities for tokenized assets.

Jazzi Copper, Head of Product at RippleX, revealed details of the proposed changes in a post on X. She said the new release is expected to go live next week, although the amendments will only take effect after receiving approval from XRPL validators.

“XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling,” Copper wrote.

According to Copper, the five amendments included in the release could move the blockchain closer to becoming a broader infrastructure for tokenized assets and financial applications.

The amendment uses zero-knowledge proofs and elliptic-curve encryption to add privacy protections for Multi-Purpose Tokens, or MPTs.

Token issuers and holders would be able to maintain the confidentiality of some information, such as token balances and transfer amounts, thanks to the technology. However, transaction information could still be checked when needed, perhaps providing a compromise between privacy and legal or compliance obligations.

The proposed changes highlight XRPL’s growing focus on tokenization and its potential use in financial markets. However, the amendments will not automatically become active with the software release. XRPL validators must approve them through the network’s governance process.

The v3.3.0 upgrade therefore marks another step in XRPL’s development, with the final impact depending on validator support and the adoption of the proposed amendments.

 

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share

Leave a comment

Leave a Reply

Latest News

Robinhood Expands Venture Bets As Chain Nears $1B In TVL
News

Robinhood Expands Venture Bets As Chain Nears $1B In TVL

For its second venture fund, RVII, Robinhood raises $225.5 million. Retail investors can access private startups through Robinhood Ventures Fund II. RVII...

Metaplanet Launches BitBonds With $1.3 Million Bond Sale
News

Metaplanet Launches BitBonds With $1.3 Million Bond Sale

To increase funds for their Bitcoin treasury strategy, Metaplanet introduces BitBonds. Through four private bond series, the company sold its first BitBonds...

SharpLink To Stake $200M In ETH Through Lido As Treasury Strategy Expands
News

SharpLink To Stake $200M In ETH Through Lido As Treasury Strategy Expands

As part of its Ethereum treasury strategy, SharpLink intends to stake $200 million in ETH via Lido. In exchange for the ETH...

Tether Completes First Full Audit Of $180B USDT Stablecoin
News

Tether Completes First Full Audit Of $180B USDT Stablecoin

Tether, the company behind the world’s largest stablecoin USDT, said Thursday that it had completed a full financial audit for the first...

Related Articles

How Memecoins DOGE, SHIB, CASHCAT Are Reshaping Crypto

A few years ago, memecoins used to be the joke corner of...

Best Memecoin Launchpads Of 2026

Memecoins have been a point of attraction for crypto investors since their...

Best AI Crypto Projects Of 2026

The Artificial Intelligence (AI) sector is attracting very significant venture capital investments...

This Is How Indians Can Invest In Global Assets In 2026

Introduction Can Indians invest in global assets, too? The answer is yes....