XRP news: Ripple says asset managers are ready for XRP Ledger’s next payments upgrade

XRP news: Ripple says asset managers are ready for XRP Ledger’s next payments upgrade

The upcoming Batch V1.1 can make linked asset and payment transfers succeed together or fail together, and Ripple says commercial projects are already being built around the feature after an extensive security review.

XRP Ledger Batch V1.1 Nears Activation as Asset Managers Prepare

TLDR: XRP Ledger Batch V1.1 has support from 30 of 35 tracked validators, but activation depends on maintaining at least 80% support through September 29. The feature groups up to eight transactions, allowing asset transfers, payments and platform fees to settle together or fail as one operation. Ripple says asset managers and commercial projects are [...]

Ripple Says Asset Managers Are Preparing to Use XRP Ledger Batch Upgrade

What Would Batch V1.1 Change on the XRP Ledger? Ripple says asset managers and other commercial projects are preparing to use a rebuilt XRP Ledger feature that can make several linked transactions settle together, as the amendment approaches possible activation on September 29. Batch V1.1 allows as many as eight transactions to be bundled into a single operation. Its atomic mode makes execution all-or-nothing: every transaction in the group succ…

XRP Ledger’s Batch Upgrade Moves Toward Atomic Settlement for Asset Managers

XRP Ledger’s Batch V1.1 can bind up to eight transactions so they all settle or all fail, and commercial projects are already preparing to use it.