Ripple CTO: New AMM on XRPL Won’t Affect XRP Price Volatility
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- Ripple CTO, David Schwartz, addressed concerns surrounding the debut of AMM.
- The Automated Market Maker (AMM) on the XRP Ledger (XRPL) is set to debut soon.
- Schwartz believes that the impact of the AMM on XRP’s volatility will be very small.
The upcoming launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL) has sparked discussion within the digital asset community. Ripple enthusiasts are curious about how this new feature might impact the native XRP token and, more specifically, whether it could contribute to a reduction in XRP’s price volatility.
Recent developments in the XRPL community delayed the implementation of the AMM, as validators raised concerns about a bug affecting its performance. However, the bug has been addressed, and the latest amendment boasts an impressive 74% validator consensus.
Ripple’s Chief Technology Officer, David Sc…
The post Ripple CTO: New AMM on XRPL Won’t Affect XRP Price Volatility appeared first on Coin Edition.
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