[ccpw id="39382"]

HomeCrypto NewsMarketXRPL Labs Founder Confirms Xahau Success Will not Lead to Abandonment of XRP Ledger

XRPL Labs Founder Confirms Xahau Success Will not Lead to Abandonment of XRP Ledger

Date:

Written By:

Wietse Wind, Xumm developer and founder of XRPL Labs, recently declared his team’s continuous commitment to developing the XRP Ledger (XRPL).

Wind confirmed that for the past two and a half years, his team stayed busy with contributions to the XRPL, as they have continued to build the Hooks feature and the recently-introduced Xahau network since then. This commitment, he claimed, will not end now.

- Advertisement -

 

Growing XRPL vs Xahau Debates

The comment from Wind came from a lengthy conversation in the XRP community bordering on the prospect of XRPL in the wake of the potential launch of Xahau, a sidechain linked with the XRP Ledger.

The ongoing debate centers on the predefined monetization for each of the 8 Governance Game validator seats designated for Xahau at launch. These early validators will receive 12 million XAH, with proponents arguing that using the Burn2Mint feature to convert XRP to the protocol’s native token, XRP+, is not ideal.

Based on the commingled developer base for both Xahau and XRPL, critics highlighted how, upon departure, Xahau developers would no longer prioritize the XRPL, a position that drew comments from Wind.

- Advertisement -

In his argument, Wind noted that the development of Xahau came about because Hooks, a smart contract proposal for XRPL, needed a platform to operate before going live on the mainnet. While Xahau currently powers Hooks, the developer said he hopes its deployment on the mainnet will happen someday.

Despite the claims that he and his team will abandon XRPL someday, WietseWind confirmed that the infrastructure work he will focus on will encompass XRPL and Xahau with no preference. In all, he shared a disclaimer that some of the things the team will build in the next five years include what they need Xahau to stand for primarily.

Growth of Xahau, Gain for XRPL

As a sidechain, experts have projected that the innovations Xahau stands for will have a positive impact on the XRPL. Additionally, Ripple CTO David Schwartz believes the emergence of Xahau will not diminish the worth of XRPL and XRP.

Wind also echoed this sentiment, noting that most innovations that emerge from Xahau can someday make it to the mainnet if the community deems them relevant.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

More from Author

Latest Stories

Guides