Ripple Proposes Clawback Amendment To XRP Ledger For Regulators
In a bid to bolster trust and safety, Ripple’s developer arm, RippleX, has proposed a significant amendment to the XRP Ledger (XRPL). The feature, aptly named “Clawback,” is designed to provide issuers with enhanced control over their distributed assets, addressing both regulatory requirements and unforeseen challenges. Understanding The Clawback Feature By Ripple Shawn Xie, representing […]
Related News
Ripple’s Chief Technology Officer (CTO), David Schwartz, has always been quick to come to the defense of the crypto firm and its technology. This time, he has defended Ripple developers implementing a newly proposed ‘Clawback’ feature on the XRP Ledger (XRPL). Why The Clawback Feature Is Necessary In a tweet shared on his X (formerly Twitter) platform, Schwartz mentioned that while initially having reservations about the feature as he felt it was “redundant,” he later realized its importance as it differed from the existing freeze feature. The “clawback” amendment is now....
Digital asset expert and XRP enthusiast WrathofKahneman has come out to debunk claims of a new backdoor in the XRP Ledger and its effect on the XRP price. This comes in light of a rumor circulating about “secret amendments” in the XRPL. Ripple, the company behind XRP, recently introduced a “Clawback” amendment to the XRP […]
The RippleX team, Ripple Labs’ development arm, yesterday shed light on a new feature proposal, the “Clawback” for the XRP Ledger (XRPL). As the crypto space awaits the potential inclusion of this feature in the rippled 1.12.0 release, the blockchain community has set its eyes on how this addition might reshape asset controls on the […]
The XRP Ledger (XRPL) is on the brink of a significant evolution, with the XLS-30 AMM amendment now open for voting on the mainnet. Ripple CTO Schwartz has expressed his enthusiasm for this feature, retweeting RippleX’s announcement and commenting, “One of my favorite XRPL features ever, explained in my keynote at Apex Development Summit, is […]
In an academic paper, researchers from the University of Luxembourg have unveiled a novel approach to enhance the communication efficiency of Ripple’s XRP Ledger. The research, supported by the Luxembourg National Research Fund and Ripple’s University Blockchain Research Initiative (UBRI), delves into the intricacies of Named Data Networking (NDN) as an overlay to optimize the […]