XRP Ledger to Launch Update 3.3.0 with Privacy Features
Prefer us on GoogleXRP Ledger (XRPL) will launch its version 3.3.0, which includes five amendments to enhance privacy in transactions and simultaneous execution capabilities. New features, such as Confidential MPT, will allow for the concealment of balances and transferred amounts, although they will remain visible to auditors. This feature is crucial for financial institutions operating on public networks. The update also introduces the Batch function, which allows for grouping up to eight transactions for simultaneous execution, facilitating complex operations such as delivery versus payment (DvP). Additionally, Permission Delegation will be implemented, allowing for role-based access control without relinquishing total signing authority. The Sponsored Fees and Reserves amendment will enable an entity to pay transaction fees on behalf of other users, eliminating the need to acquire XRP to interact with the network. Finally, the Dynamic MPT tool will allow issuers to modify token properties after issuance. The code release is scheduled for early August, but the new features will not be activated until approved by the network validators.
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