XRP News: XRPL Eyes Major Upgrade Proposals On Escrows, Privacy Transfers
XRP News: XRPL Eyes Major Upgrade Proposals On Escrows, Privacy Transfers
https://coingape.com/xrp-news-xrpl-eyes-major-upgrade-proposals-on-smart-escrows-privacy-transfers/
Publish Date: 2026-05-30 07:48:00
Source Domain: coingape.com
After the release of the mainnet v3.1.3, the XRP Ledger (XRPL) upgrade pipeline keeps growing. A number of big proposals are in progress currently that may greatly expand the capabilities of XRPL.
For context, version 3.1.3 of Ripple’s XRPL has been released. It features the fixCleanup3_1_3 amendment. Moreover, the upgrade aims at improving network reliability, NFT offers cleanup, lending corrections, and vault enhancements.
XRP Ledger Proposals On Smart Escrows & Privacy Transactions
Some of the most closely watched initiatives are the XLS-100 Smart Escrows and XLS-96 Confidential Transfers. The efforts are ongoing as developers move to the future voting and activation stages on XRP Ledger.
One of the boldest ideas is the XLS-100 Smart Escrows, which would add the ability to set conditions for escrow release. The specification would allow developers to develop “custom, programmable release conditions” on XRP Ledger.
List of upcoming proposals on XRP Ledger. Source: XRPL
For this, it will use a WebAssembly (WASM) execution layer. The proposal calls the feature “a minimal, programmable code block attached to an Escrow object,” which decides if funds are released.
Also, the proposed model on XRP Ledger may be suitable for a variety of other applications. It could help in milestone-based payments, token vesting, NFT-related settlements, treasury management, token swaps, and compliance related holding periods.
For context, the traditional smart contract aims to maximize flexibility and allow any code to run on the blockchain. On the other hand, the design is designed to minimize the blockchain’s execution and remain fully verifiable on-chain while maintaining the efficient architecture of XRPL.
Furthermore, functionality that focuses on privacy is also moving forward with XLS-96 Confidential Transfers for Multi-Purpose Tokens. This XRP Ledger amendment proposal aims to introduce confidential balances and transfers and retain supply auditing and issuer…
