Is XRP Becoming A Privacy Coin? Ripple’s New Proposal Says Yes—And No
Ripple’s developer arm has floated a blueprint to bring privacy-coin-like functionality to the XRP Ledger—without abandoning the network’s long-standing emphasis on public supply integrity and compliance tooling. In a new XRP Ledger Standards (XRPLF) discussion opened on September 13, Ripple engineers Murat Cenk and Aanchal Malhotra propose “Confidential Multi-Purpose Tokens (MPTs),” an amendment that would […]
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Law enforcement agencies do not see eye-to-eye with consumer privacy. The FBI now wants to ensure American can no longer sue them for violating the Privacy Act. That proposal was put on the table by the Federal Bureau of Investigation on May 31, 2016. The law enforcement agency wants to exempt its entire database from citizens having the right to sue the....
Following the announcement that the AMM functionality would be proposed as an amendment under the latest rippled version, many in the XRP community have continued to wonder how soon it could be implemented if passed. As a result, Ripple’s Chief Technology Officer (CTO) David Schwartz has provided some answers to the community to quench speculations. How Soon The AMM Implementation Could Happen In response to a tweet asking how soon the AMM will go live on the ledger after voting, Schwartz stated that it should be enabled on the XRP Ledger (XRPL) “in about two weeks” if most validators....
Per a Forbes exclusive, activist Edward Snowden revealed his participation in a ceremony that led to the creation of the privacy coin Zcash. Developed by the Electric Coin Company (ECC), the privacy coin was deployed in 2016 in a secret ceremony with the aid of 6 individuals. Related Reading | New York Prosecutors Present Clear Legal […]
By sharing a secret between a receiver and sender, then scanning the Bitcoin blockchain for the transaction, users gain more privacy thanks to a new proposal.
Ripple developers Aanchal Malhotra and Vito Tumas have introduced a ground-breaking proposal for a native lending protocol on the XRP Ledger (XRPL). If passed, this proposal is expected to expand the network’s decentralized finance (DeFi) capabilities and increase XRP’s utility. What The Lending Protocol On XRP Ledger Is About Ripple’s development arm, RippleX, elaborated in […]