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XRP Ledger Finally Launches Hooks Amendment in Beta Testnet. What Does That Mean?

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Mon, 04/19/2021 - 15:50
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Vladislav Sopov
Much-anticipated amendment to XRP Ledger protocol that empowers it with smart contract functionality is live in beta
XRP Ledger Finally Launches Hooks Amendment in Beta Testnet. What Does That Mean?
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XRPL Labs, a software development team behind the technical progress of XRP Ledger decentralized payment protocol and related solutions, has accomplished its most crucial milestone of Q1-Q2, 2021, so far.

XRPL Labs activates "Hooks" amendment in beta testnet

According to the official announcement by XRPL Labs, after 10 months of development and discussions, XRP Ledger "Hooks" beta testing is live.

XRPL Hooks amendment is live in beta
Image via Twitter

The testing of the new feature is available on a purpose-made portal with an old-fashioned design. The XRPL Labs team also deployed a technical documentation module, discussion page and bug-reporting instruments.

Beta transactions can be tracked via a native blockchain explorer instrument. That said, XRPL Labs software engineers proudly invite all enthusiasts to get their hands dirty right now:

Developers: please test, try, code, build it, break it, and have lots of fun!

Previously, the public beta release of the Hooks amendment had been scheduled for Q1, 2021.

Why is this crucial for XRP?

As per the description shared on the main page of the beta testnet portal, XRPL's Hooks represents light and efficient WebAssembly modules that allow for basic smart contract functionality.

With "Hooks" implemented, XRP Ledger becomes a programmatic blockchain and can challenge the supremacy of existing smart contract hosting platforms.

As covered by U.Today, one more smart contract platform that targets the XRP community is undergoing beta testing right now. The Flare (FLR) blockchain recently relaunched its Coston testnet.

Related
XRPL "Smart Contracts" Hooks to Be Released in Public Testnet in Q1, 2021: XRPL Labs

The mainnet release of Flare is expected by the end of June.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)