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Ripple says asset managers prepare for XRP Ledger's Batch V1.1

XRP news: Ripple says asset managers are ready for XRP Ledger's next payments upgrade

CoinDesk

Ripple says asset managers and other commercial projects are preparing to use Batch V1.1, an XRP Ledger feature that can combine up to eight linked transactions into one operation. The upgrade is expected to activate shortly after Sept. 29 if validator support remains above 80 percent. The feature is approaching activation after a redesign and extensive security review prompted by a critical flaw in the original version. In comments shared with CoinDesk, Ayo Akinyele, head of engineering at RippleX, said more information would be shared after the feature goes live, including work with key asset managers. Akinyele said Batch groups multiple transactions so they either all execute or none do. He said this is particularly important for delivery-versus-payment, in which an asset and its payment need to move atomically. Delivery-versus-payment links an asset transfer to its payment. The ledger completes both legs together or cancels the entire group, rather than allowing one side of a deal to settle while the other fails.

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