XRP Ledger Smart Contract Platform Provides Key Update on Launch

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XRP Ledger Smart Contract Platform Provides Key Update on Launch
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XRP Ledger smart contract platform might be one step closer to launch

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The Xahau Ledger is the proposed Hooks sidechain and the smart contract sidechain for the XRPL ecosystem. August saw the joint launch of the Xahau white paper by XRPL Labs, Evernode, Alloy Networks and others., an XRPL Labs developer, reported an upgrade to the Xahau Testnet on Sept. 25, and one of the new features included was the"UNL Report," in which UNL nodes report the sane operation of other UNL nodes.

B2M, or Burn2Mint, is a mechanism introduced by Xahau that allows Xahau's native token, Xahau XRP, sourced from XRP burned on the XRPL, to be ported to the platform.holders is planned following Evernode's debut, with a considerable amount of Evers, the protocol's intended native currency, reserved for this purpose. Once Xahau is released, users will be able to claim the airdrop based on their XRP balance on the XRPL, as collected by the Sept. 1 snapshot.

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