Robert Kiuru, COO of XRPL Labs, recently He stressed The importance of modifying the batch for the XRP ledger.
He argued that this is one of the most significant modifications to the ecosystem in a long time.
According to Kyoro, bulk transactions will allow projects to achieve greater transparency when it comes to monetization. This will eliminate practices such as signing a fee transaction on someone's behalf without letting them know.
“Now, XRPL projects can generate revenue by offering high-quality products that people actually want to use – just like any other successful ecosystem does,” he said.
He believes the new modification, which was originally submitted for testing in August, could serve as a springboard for future growth of the ecosystem since bulk transactions could open up real opportunities on XRPL.
Meanwhile, Kyoro is frustrated by the fact that it took so long to implement the modification. It is believed that some projects may have to leave the ecosystem due to lack of monetization opportunities.
Although these projects are unlikely to return, they have likely paved the way for a new set of projects.
This could significantly expand the XRP Ledger's decentralized financial ecosystem.
like Reported by U. Todayan important modification that added support for automated market makers (AMMs) that launched earlier this year.
In October, XRP AMMs were released Experienced Huge increase in volume due to short-term coin craze on XRP Ledger.
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