XRP Ledger on the Verge of Atomic Settlement Upgrade with Batch V1.1
- The XRP Ledger is one validator vote away from starting a two-week countdown for XRPL Batch V1.1.
- Batch V1.0 was flagged for a logic error on February 19, which could have allowed unauthorized transactions.
- The rebuilt Batch V1.1 includes fixes from four senior engineers and audits from Halborn and Common Prefix.
- Currently, support stands at approximately 77% among UNL validators, needing one more “Yes” vote to initiate the countdown.
- The amendment allows up to eight transactions to execute atomically in one ledger close, enhancing settlement capabilities.
The Batch V1.1 upgrade is crucial for improving usable ledger capacity for payments and tokenization projects linked with RippleX, following a significant security review process that identified and fixed multiple issues.
With support currently at around ~77%, just one additional validator approval will trigger the critical two-week countdown for this upgrade, which aims to enhance atomic settlement functionalities on the XRP Ledger.
