RippleX improves XRP Ledger with sponsored transaction fees, making transactions simpler and more accessible for users and platforms alike.
Users can now delegate transaction management while retaining control over their accounts, streamlining the process and reducing barriers to entry.
RippleX, Ripple’s development arm, has introduced a significant enhancement to the XRP Ledger (XRPL) aimed at increasing adoption and usability. Senior Software Engineer at RippleX Mayukha Vadari revealed the release of a new specification, XLS-68d, designed to simplify transaction processes.
Just dropped: A new spec for sponsored XRPL transaction fees/reserves, which would allow platforms to pay transaction fees/reserves on behalf of other accounts, without needing to give away free XRP. This makes it way easier to onboard onto the XRPL! https://t.co/PgjkeSNREj
— Mayukha Vadari (@msvadari) May 2, 2024
The focal point of this development is the introduction of sponsored transaction fees and reserve