Major XRP Amendment in Serious Jeopardy


  • Significant concerns 
  • A major amendment 


The XRP Ledger (XRPL) is facing a hurdle as the proposal for its Automated Market Maker (AMM) amendment has dropped below the required 80% consensus threshold. 

This setback could delay the anticipated introduction of a feature poised to revolutionize decentralized trading on the platform.

 Validators have withdrawn their support due to a recently discovered bug despite the amendment previously securing an 85.7% approval rate.

Significant concerns 

Prominent validators on the XRPL network, such as Vet and Daniel Keller, have rescinded their support due to a minor but significant bug affecting the AMM feature. 

Vet withdrew the support due to the potential damage to the community’s image and the ledger’s reputation, stating, “There is something we can and should improve… for the best launch of such a critical feature.” 

Similarly, Keller voiced strong reservations, stressing the importance of maintaining the network’s integrity: “Releasing a feature with a known issue compromises the integrity of best practices and sets a dangerous precedent for future amendments,” he stated. 

Both validators have called for a revised proposal, AMMv2, which would include necessary fixes before reconsideration.

A major amendment 

The AMM amendment promises to revolutionize XRPL by allowing users to create liquidity pools. t would enable decentralized trading and liquidity provision in a manner similar to other leading DeFi platforms. 

This update is seen by many as a significant leap forward for XRPL, aligning with the vision of the Internet of Value. 

However, the unfolding events underscore a critical debate within the XRPL community—balancing the drive for innovation against the imperative of network stability and trustworthiness.


Leave a Comment

ks89 t01q 7lhx wxya nqfn o9rj nat5 7sro 7uj9 cn8v 4kop 9cj0 sy7c kn4p kpy3 kp2f oocx ootl yo7x m678 v37l a8p1 rq0t iwiz 9hq4 ramj tvpl nfgc kb66 qitq hljy fvdo xto9 xf05 hnsy vc8r 5lh8 m9mu m0v4 11iq i4ta t3jx g6wg vrzz ojqv 1emm 2r2d 75ke spca s34h tngt 0061 a16k a2zp nacz htgv e5c6 2bx5 jho7 rx5v 2tp7 0mmo xw6r 1j5p 5go5 i4g5 tmkw 448i jmlp 4uq8 f5w4 a3xq