The highly anticipated update in the XRP Ledger protocol, powered by smart contract functionality, is available in beta. XRPL Labs announced that the XRP Ledger "Hooks" beta test is on the market after long development and discussions. So what does this innovation bring? Why is this development so important to XRP and investors?
🚨After 10 months of development, XRP Ledger "Hooks" beta test is live!
#XRPL #Labs, a software development team behind the technical advancement of the XRP Ledger decentralized payment protocol and related solutions, completed its most significant milestone so far in 2021. According to the official statement made by XRPL Labs, after 10 months of development and discussions, the XRP Ledger " #Hooks" beta test is live.
Testing of the new feature is available in a purpose-built portal with an old-fashioned design. The XRPL Labs team also deployed a technical documentation module, discussion page and bug reporting tools. Beta transactions can be tracked through a local #Blockchain browser tool. However, XRPL Labs software engineers are inviting all enthusiasts to try this development right now:
DEVELOPERS: PLEASE TEST, TRY, CODE, CREATE, CRACK AND HAVE LOTS OF FUN!
🚨Why is this development so important for crypto money and investors?
Previously, the public beta version of the Hooks improvement was planned for the 1st quarter of 2021. According to the statement shared on the main page of the beta testnet portal, XRPL's Hooks represent lightweight and efficient WebAssembly modules that allow basic smart contract functionality. When "Hooks" are implemented, XRP Ledger becomes a programmatic blockchain and can challenge the dominance of existing smart contract hosting platforms.
🚨Will XRP and Ethereum Rally Continue? Here is Santiment Analysis
According to experts, this can also have a positive effect on the price of the cryptocurrency.As I previously reported, an intelligent platform that targets the contract XRP communities than is currently undergoing beta testing. The #Flare ( #FLR) #Blockchain has recently relaunched the #Coston test network. The main network version of Flare is expected to be released in late June.