XRP Community may have reason to be excited when Ripple Engineer announces that the ecosystem may soon undergo a transformational development. J. Ayo Akinyele, head of engineering at RippleX, shared his insights on the next one XRP evolutionwhich suggests that the crypto network may explore native staking. While the details of the up-to-date solution are still under discussion, the announcement highlights significant innovations aimed at strengthening XRP’s role in institutional finance and asset settlement.
Native Ripple Eyes Staking as the Next Step for XRP
In a recent thread on X, Akinyele described how XRP has developed and changed over time. First, it started as a brisk and competent payment network, but has evolved into a platform capable of handling tokenized assets and ensuring real-time fluidity.
According to a RippleX engineer: launch of Canary’s first XRP Spot ETF represents a key milestone in institutional adoption, highlighting the growing acceptance of XRP in classic financial markets. He also stated that the XRP ecosystem is clearly entering a up-to-date phase of growth, especially as institutions begin to employ digital products such as tokenized vaults and Money market funds (MMF).
Akinyele noted that all of these significant changes have caused him and Ripple’s chief technology officer (CTO) to: David Schwartzto mentally explore and discuss potential support for native staking on the platform XRP Ledger (XRPL) in the future and what it might look like in practice. The Ripple engineer noted that unlike many blockchain networks that rely on staking to incentivize validators, XRP works differently.
He explained that on the XRP network transaction fees are burned instead of redistributing, and validators retain equal voting power regardless of the amount of XRP they hold. This unique approach prioritizes network stability and trust over rewards. He also emphasized that XRP is intended for this purpose settle any assets quicklyeffectively and at low cost. Building on this foundation, Akinyele is exploring how native staking can be introduced to complement the existing model.
Challenges and considerations related to the introduction of native staking
While the concept of native staking for XRP is intriguing, Akinyele emphasized that implementing it will require careful planning and consideration. He noted that any staking mechanism would require a clear source prizes and a method for distributing them fairly in the XRP network. According to him, these changes could fundamentally change the way things work value flows within the XRP ledger.
Notably, Akinyele stressed that the idea of native staking is still being researched and discussed. Currently, the main goal is to assess how this feature can shape the future of XRP, assessing which aspects of the ecosystem can evolve and which should remain constant. The Ripple engineer invited the community to share their thoughts as they consider how native staking could impact the XRP design and flow of value.
Featured image from Peakpx, chart from Tradingview.com
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