The global XRP Ledger community is edging closer to a significant milestone in the advancement of the protocol’s technology. The highly anticipated XRPL “Hooks” upgrade, which aims to make the XRP Ledger fully programmable, has recently undergone a successful security audit.
In an official announcement by XRPL Labs, it was revealed that the “Hooks” amendment, a major enhancement to the XRP Ledger technology, has passed the rigorous security audit. The codebase of this protocol update was thoroughly examined by FYEO, a U.S.-based cybersecurity innovator.
FYEO utilizes advanced artificial intelligence (AI) tools to conduct comprehensive third-party stress testing of blockchain software. The audit encompassed a comprehensive evaluation of various aspects of the potential upgrade, including the Hook API, helper functions, and the execution environment.
The Hooks Amendment has passed its comprehensive security audit by @goFYEO, marking a significant milestone in our journey towards integrating Hooks into #XRPL.
— XRPL Labs 🪝 (@XRPLLabs) June 5, 2023
Read about Hooks passing the audit here: https://t.co/BxfcINMG3l
XRPL Hooks can be best described as smart contracts for the XRP Ledger. With this upgrade, developers will gain the ability to create software programs with basic economic logic, similar to what they can achieve on major smart contract platforms.
The successful audit of the XRPL “Hooks” amendment represents a significant achievement for the XRP Ledger and its global community. It paves the way for enhanced functionality and programmability within the ledger, opening up a wide array of possibilities for developers to build innovative applications and services on the XRP Ledger.
Related: XRPL Sidechain is Compatible with Ethereum Smart Contracts: Will XRP Surge?
As the XRP Ledger continues to embrace technological advancements, the successful audit of XRPL “Hooks” demonstrates the commitment of the development team and the broader community to ensure the security and robustness of the protocol. This important step brings the XRP Ledger one step closer to realizing its full potential as a versatile and programmable blockchain platform.
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