The post XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Batch Amendment appeared on BitcoinEthereumNews.com. A proposed XRP Ledger amendment, Batch (XLS-56), is generating excitement among developers and validators alike. One pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev net, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be bundled and executed automatically. The amendment, according to Vet, enables creation of a fully peer-to-peer NFT-to-NFT trading platform, allowing users to perform a barter-like NFT swaps in a single transaction. For instance, one could trade five of their NFTs for two NFTS owned by another party, all processed simultaneously to ensure atomicity and security, Vet said on X, suggesting a game-inspired interface, similar to the classic RuneScape, to make this NFT-to-NFT trading more engaging and intuitive for users. As of writing, the Batch amendment has achieved 68.57% consensus among validators, with 80% required for activation. XRP Ledger (XRPL) is a decentralized, open-source blockchain used by Ripple to build cross border payments solution. XRP Validator Vet’s X post. (X) What is the Batch amendment? The Batch amendment introduces atomic transaction capabilities to the XRP Ledger, allowing multiple operations to be grouped and executed simultaneously as a single unified transaction. It takes the all or nothing approach – either all transactions in the group are completed successfully or none are, thereby eliminating the risk of partial execution failures. This principle of atomicity has its roots in computer science and database management, where a sequence of operations is treated as a single, indivisible unit of work. Therefore, an atomic process means that the entire set of transactions is either fully executed or entirely rolled back to ensure data integrity. Atomicity on XRP Ledger could be valuable in complex NFT trades or swaps involving multiple steps, facilitating the development of sophisticated NFT marketplaces. “This new amendment drastically changes the… The post XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Batch Amendment appeared on BitcoinEthereumNews.com. A proposed XRP Ledger amendment, Batch (XLS-56), is generating excitement among developers and validators alike. One pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev net, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be bundled and executed automatically. The amendment, according to Vet, enables creation of a fully peer-to-peer NFT-to-NFT trading platform, allowing users to perform a barter-like NFT swaps in a single transaction. For instance, one could trade five of their NFTs for two NFTS owned by another party, all processed simultaneously to ensure atomicity and security, Vet said on X, suggesting a game-inspired interface, similar to the classic RuneScape, to make this NFT-to-NFT trading more engaging and intuitive for users. As of writing, the Batch amendment has achieved 68.57% consensus among validators, with 80% required for activation. XRP Ledger (XRPL) is a decentralized, open-source blockchain used by Ripple to build cross border payments solution. XRP Validator Vet’s X post. (X) What is the Batch amendment? The Batch amendment introduces atomic transaction capabilities to the XRP Ledger, allowing multiple operations to be grouped and executed simultaneously as a single unified transaction. It takes the all or nothing approach – either all transactions in the group are completed successfully or none are, thereby eliminating the risk of partial execution failures. This principle of atomicity has its roots in computer science and database management, where a sequence of operations is treated as a single, indivisible unit of work. Therefore, an atomic process means that the entire set of transactions is either fully executed or entirely rolled back to ensure data integrity. Atomicity on XRP Ledger could be valuable in complex NFT trades or swaps involving multiple steps, facilitating the development of sophisticated NFT marketplaces. “This new amendment drastically changes the…

XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Batch Amendment

2025/10/26 23:56

A proposed XRP Ledger amendment, Batch (XLS-56), is generating excitement among developers and validators alike.

One pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev net, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be bundled and executed automatically.

The amendment, according to Vet, enables creation of a fully peer-to-peer NFT-to-NFT trading platform, allowing users to perform a barter-like NFT swaps in a single transaction.

For instance, one could trade five of their NFTs for two NFTS owned by another party, all processed simultaneously to ensure atomicity and security, Vet said on X, suggesting a game-inspired interface, similar to the classic RuneScape, to make this NFT-to-NFT trading more engaging and intuitive for users.

As of writing, the Batch amendment has achieved 68.57% consensus among validators, with 80% required for activation. XRP Ledger (XRPL) is a decentralized, open-source blockchain used by Ripple to build cross border payments solution.

XRP Validator Vet’s X post. (X)

What is the Batch amendment?

The Batch amendment introduces atomic transaction capabilities to the XRP Ledger, allowing multiple operations to be grouped and executed simultaneously as a single unified transaction.

It takes the all or nothing approach – either all transactions in the group are completed successfully or none are, thereby eliminating the risk of partial execution failures.

This principle of atomicity has its roots in computer science and database management, where a sequence of operations is treated as a single, indivisible unit of work. Therefore, an atomic process means that the entire set of transactions is either fully executed or entirely rolled back to ensure data integrity.

Atomicity on XRP Ledger could be valuable in complex NFT trades or swaps involving multiple steps, facilitating the development of sophisticated NFT marketplaces.

“This new amendment drastically changes the functionality of the XRP Ledger by allowing the grouping and ordering of up to 8 transactions into a single batched operation. It also introduces atomic execution via ALLORNOTHING as one of its execution modes for batched transactions,” Teucrium said in a Substack post.

A total of four batch modes are supported: ALLORNOTHING, ONLYONE, UNTILFAILURE, and INDEPENDENT. The availability of four modes will ensure flexibility in how multiple transactions are executed as a group, helping developers choose the best approach for their use case.

Source: https://www.coindesk.com/markets/2025/10/26/xrp-ledger-validator-sees-nft-to-nft-trading-potential-in-proposed-batch-amendment

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The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
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