XRP Ledger BatchV1_1 Update Approaches Activation with 68% Support
The BatchV1_1 update on the XRP Ledger network is nearing the required 80% validator support for activation, having reached a support level of 68%. For the update to be implemented, this support rate must exceed 80% and be maintained for two weeks. The current trend suggests that the update could be activated by the end of September. However, once the support rate surpasses 80%, if it remains above this level for two weeks, the change will automatically activate. BatchV1_1 is an updated version of the first Batch release that was disabled earlier this year due to a critical bug identified. The update will allow developers to combine multiple transactions into a single structure, making it possible to group separate transactions on the XRP Ledger in one go. With BatchV1_1, developers will be able to bundle up to eight different transactions within a single operation. If accepted, this update could lead to more flexible designs in the transaction flows of applications developed on the XRP Ledger. However, the network's technical conditions must be fully met for official activation.
-- Price
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