Matt Hamilton gives insight into XRP Ledger’s future developments
Matt Hamilton, Ripple’s former director of developer relations, has revealed Some details about the upcoming innovations of XRP Ledger. Specifically, Hamilton said that the blockchain will soon have smart contracts, which are currently in development.
Otherwise, XRP Ledger has all the functionality the industry needs today, from NFT to decentralized exchanges, the former Ripple director said. Hamilton’s remarks came during another round of controversy surrounding XRP and the ecosystem around the token.
In fact, talking about smart contracts on XRPL is nothing new, and the U.K. Today had earlier reported about various steps in this regard.
Smart contracts on XRP Ledger as of now
The latest news on the topic was the achievement by Evernode, a developer of a kind of Layer 2 smart contract solution for XRPL, in the beta version of its network. The solution was implemented directly using Hooks, amendments adding smart contract functionality to XRP Ledger.
As small embedded pieces of software code, hooks allow developers to monitor and define transaction behavior and flow, and to perform other logic at any point in the “life” of a transaction.
In the early autumn of this year, there were doubts about how soon the proposal to fully implement Hooks would be accepted. However, if we view Hamilton’s words positively, the community should soon have a more accurate picture of what is going on with smart contracts at XRPL.
