{"id":136668,"date":"2024-09-03T15:30:58","date_gmt":"2024-09-03T12:30:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136668"},"modified":"2024-09-03T13:30:36","modified_gmt":"2024-09-03T10:30:36","slug":"ripple-plans-to-introduce-smart-contracts-on-xrp-ledger-next-year","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-plans-to-introduce-smart-contracts-on-xrp-ledger-next-year\/","title":{"rendered":"Ripple Plans to Introduce Smart Contracts on XRP Ledger Next Year"},"content":{"rendered":"
Currently under review, the introduction of XRPL Hooks will pave the way for integrating smart contracts into the main network.<\/p>\n
Ripple\u2019s goal is to make these contracts permissionless, user-friendly, and customizable, while minimizing infrastructure costs and performance impact. However, specific details on how smart contracts will be implemented in the XRP<\/a><\/strong> Ledger are still limited.<\/p>\n Former Ripple developer relations director Matt Hamilton noted that work on smart contracts began as early as December 2022. Additionally, in 2020, ex-CTO Stefan Thomas mentioned a smart contract prototype for XRP Ledger, which was paused due to concerns about feasibility and security. The team has also faced challenges in choosing the right programming language for the contracts.<\/p>\n