HomeCrypto NewsMarketXRP Ledger Rolls Out Major 3.3.0 Upgrade: Details

XRP Ledger Rolls Out Major 3.3.0 Upgrade: Details

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The XRP Ledger (XRPL) has introduced version 3.3.0, adding support for five proposed protocol amendments. 

Notably, the amendments will expand the blockchain’s capabilities for privacy, institutional finance, tokenized assets, and network efficiency.

The update was announced by the official XRP Ledger Operations account. However, the new features are not yet live. Each proposed amendment must first receive validator approval through the XRPL amendment voting process.

Five Proposed Amendments Expand XRP Ledger

XRPL version 3.3.0 adds support for five proposed amendments, along with a bundled fix amendment. Specifically, the new features include Confidential Transfer, which keeps Multi-Purpose Token (MPT) balances and transfers private by encrypting them on the XRP Ledger.

Meanwhile, Batch lets users combine up to eight transactions into a single operation, making complex payments, trustless swaps, and OTC trades easier. The Sponsor amendment allows a third party to pay transaction fees and reserve costs for another user.

Permission Delegation lets wallet owners give limited permissions for specific transactions without sharing full control of their accounts. Dynamic MPT allows token issuers to update certain properties of Multi-Purpose Tokens after they have been created.

The update also reduces memory usage by 10%–15%, improves node synchronization, and includes several stability improvements.

Ripple Engineers Highlight Privacy and Institutional Benefits

Ripple Head of Engineering Ayo Akinyele said the update improves the XRP Ledger’s privacy, payments, account management, and token features as more financial assets move on-chain. Meanwhile, he stressed that the five amendments are still proposals and must be approved by validators before they become active.

XRPL validator Vet (Hussein Zangan) called the release a major upgrade. He said Confidential Transfer is XRPL’s first native privacy feature, while Batch transactions make trustless swaps, OTC trading, and new app business models possible.

Vet also said Permission Delegation helps organizations manage funds more securely by letting them keep large wallets offline while giving limited permissions for everyday transactions.

Asked whether the features were built for institutions or retail users, Vet said both groups requested them, adding that some features such as Dynamic MPT and Confidential Transfer are designed to work together.

Performance Improvements

RippleX Staff Software Engineer Mayukha Vadari said many of the biggest improvements in xrpld 3.3.0 go beyond the new amendments.

The update cuts memory usage by more than 15%, improves online_delete performance, fixes about 60 bugs found during AI-powered testing, upgrades the code from C++20 to C++23, and expands test coverage.

It also removes several older amendments that have been active for more than two years, making the codebase simpler and easier to maintain.

If validators approve the proposed amendments, they will add new privacy, token, treasury management, and settlement features while making the XRP Ledger faster and more efficient.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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