An XRPL validator has clarified key misconceptions regarding XRP Ledger smart contracts, emphasizing their unique design tailored specifically for the XRP Ledger. Unlike Ethereum or Solana, these contracts use native building blocks and integrate directly into the Rippled software without requiring UNL approval. The design is permissionless, ensuring minimal disruption to existing users while maintaining XRPL's performance and security.
These smart contracts are now available for testing on AlphaNet, enabling new applications such as cross-chain bridges, DeFi protocols, token staking, governance systems, and NFT market logic. The focus remains on ease of use for developers and preserving the ledger's efficiency.
XRPL Validator Addresses Misconceptions About XRP Ledger Smart Contracts
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