XRP Journal Upgraded: New Major Amendments and Bug Fixes

The XRP Journal (XRPL) has officially received one of its most thorough upgrades to date with the release of version 2.5.0, presented by Ripplex. The post XRP Ledger Upgraded: New Major Amendments and Bug Repairs appeared first on Times Tabloid.

Mayukha Vadari, a highly regarded XRPL contributor, hailed the release as “perhaps the best single lineup of amendments we have ever had in one release,” highlighting the depth and significance of the modifications introduced.

Escrow Support for IOUs and Released Tokens
One of the standout features in XRPL v2.5.0 is Token Escrow, a new change that extends XRPL’s native escrow capabilities beyond XRP to include MPTs and ious (Multi-Purpose Tokens). Written and created by Denis Angell, this feature enables issuers to lock non-XRP assets into smart escrow contracts, allowing for conditional or time-based transfers of a wide range of tokens. By combining decentralization with compliance, this feature positions XRPL as a major contender in the institutional DeFi space.

Advanced Account Management with Authorization Delegation
Permission Delegation is another key feature in version 2.5.0, enabling account holders to delegate specific authorizations to other accounts. It is particularly useful for enterprise use cases, allowing for multi-user access models, automated operations, and improved wallet security through role separation.

Bug Repairs Strengthen Protocol Integrity
Alongside the major features, the update addresses several crucial issues.