Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
XRP Ledger is entering a new phase as its first privacy-focused amendment moves into the voting process.
XRPL Foundation director of community Hussein Zangana (Vet) highlighted this milestone in a recent X post. "The XRP Ledger introduced its first privacy amendment for voting. Allowing balances and transfer amounts of tokens on XRPL to be encrypted without a private walled garden chain. Privacy on XRP," Vet wrote.
The XRP Ledger version 3.3.0, launched this week, introduced several new amendments, including Confidential Transfer, which adds private transfers for Multi-Purpose Tokens. This is notably the first XRPL privacy amendment.
Confidential Transfer (Privacy-preserving Multi-Purpose Token transfers, XLS-0096) allows private, auditable transactions for Multi-Purpose Tokens (MPTs).
The Confidential Transfers feature provides institutional-grade privacy for multi-purpose tokens using advanced cryptography (EC-ElGamal and ZKPs). Individual balances and transfer amounts remain shielded from the public ledger while compliance mechanisms for authorized parties (issuers, auditors, or designated entities) are maintained to verify total supply and meet regulatory obligations.
This week, the On-Chain Cosigner proposal was submitted. On-Chain Cosigner brings native multi-signature proposal and collection to the XRP Ledger, allowing streamlined on-chain coordination for transactions.
XRP fix upgrade ahead
The latest XRP Ledger version 3.3.0 introduces the fixCleanup3_3_0 amendment, a bundle of amendment-gated bug fixes.
FixCleanup3_3_0 bundles several fixes for the 3.3.0 release, including unifying freeze and deep freeze checks for transfers to and from pseudo-accounts in the VaultDeposit, VaultWithdraw, AMMDeposit, AMMWithdraw, LoanBrokerCoverDeposit, and LoanBrokerCoverWithdraw transactions.
FixCleanup3_3_0 also fixes hybrid offers being removed from the open order book when the account that placed them loses access to the permissioned domain and resolves Automated Market Maker liquidity being included in quality estimates for permissioned DEX order books. It adds further precision and rounding fixes for Single Asset Vaults and the Lending Protocol, among several other fixes.
The XRP Ledger version 3.3.0 retires the long-active Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments, making them a permanent part of the protocol.
U.Today Editorial Team
Dan Burgin
