With the hotly-anticipated REMIT upgrade being activated, Xahau sidechain prospects are capable of leverage a novel price transactor and ship designate over the chain in a helpful resource-optimized system.
XRPL’s sidechain Xahau welcomes Atomic Multi-Asset Payments
On the original time, March 31, 2024, XRPL’s Xahau sidechain activated the REMIT upgrade. At its core, it allows the rising of the XLS-55d proposal for XRPL-love networks to Xahau.
Xahau modification REMIT is reside
So many waiting for this
So what is Remit pic.twitter.com/EOEzN7yslK
— onledger.fetch (@offledger) March 30, 2024
Most importantly, this upgrade paves the path for sending a pair of currencies and tokens atomically to a specified destination.
As described by the authors of the proposal, the switch with XLS-55d looks to be to be like no longer unlike a push price that delivers “no topic what” and is designed for retail and Hooks use cases.
It’s miles specified that the new form of transaction is additionally known as Remit; users can disable Remit transactions by customization of their on-chain accounts.
The upgrade unlocks varied opportunities for exact-world adoption of XRP Ledger and Xahau. As an illustration, issuers can ship XRP crypto and tokenized vouchers in a single atomic transaction.
As coated by U.On the original time beforehand, XLS-55d was launched for Xahau two weeks ago. Its initial model for XRP Ledger kicked off Dec. 4, 2023.
Xahau hits new decentralization milestone
The Xahau sidechain went reside on the mainnet Oct. 31, 2023, and equipped XRP Ledger with the successfully-organized contracts functionality. Builders are now capable of deploy varied dApps for the XRP target market.
By the discontinue of March 2024, Xahau managed to grow a doughty network of validator nodes. As estimated by Alloy Networks, the infrastructure provider for XRP Ledger and Xahau, the fetch sequence of nodes hit 850.
There are approx 850 nodes on the Xahau network on the most up-to-date model! https://t.co/9F9xCR5nKa
— Alloy Networks 🪝 (@alloynetworks) March 31, 2024
After the REMIT activation, Xahau’s core asset XAH’s designate jumped from $0.1315 to $0.1368 on the Bitrue crypto change.