Robert Kiuru on the Importance of the Batch Amendment for XRP Ledger
Robert Kiuru, COO at XRPL Labs, recently stressed the importance of the Batch Amendment for the XRP Ledger.
He has argued that this is one of the most important amendments to the ecosystem in a long time.
According to Kiuru, batch transactions will make it possible for projects to achieve greater transparency when it comes to monetization. This would eliminate practices like signing a fee transaction on someone’s behalf without making them aware of it.
> “Now, XRPL projects can generate revenue by delivering high-quality products people actually want to use—just like every other successful ecosystem does,” he said.
He believes that the new amendment, originally introduced for testing back in August, could serve as a springboard for future ecosystem growth since batch transactions could unlock real opportunities on XRPL.
At the same time, Kiuru is frustrated by the prolonged implementation of the amendment. He believes that some projects may have left the ecosystem due to a lack of monetization opportunities.
Even though these projects are unlikely to return, they have likely paved the way for a new wave of projects. This could significantly expand the XRP Ledger’s decentralized finance ecosystem.
As reported by U.Today, a critical amendment adding support for Automated Market Makers (AMMs) went live earlier this year. In October, XRP AMMs experienced a significant volume increase due to a brief meme coin frenzy on the XRP Ledger.
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