XRPL Foundation Exec Teases XRP Native Privacy Amid Zcash Crisis

utoday06-05 09:22

XRPL Foundation community lead Vet seized the market initiative by presenting a teaser for amendment XLS-0096, which brings native privacy to the XRP Ledger. The teaser came against the backdrop of a ...

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The teaser came against the backdrop of a ...</p>\n\n<a href=\"https://u.today/xrpl-foundation-exec-teases-xrp-native-privacy-amid-zcash-crisis\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRPI","symbol_name":"1倍XRP ETF-Volatility Shares","start_time":0,"source_url":"https://u.today/xrpl-foundation-exec-teases-xrp-native-privacy-amid-zcash-crisis","article_id":"2641146912","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/xrpl-foundation-exec-teases-xrp-native-privacy-amid-zcash-crisis","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2641146912","pubTimestamp":1780622520,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"XRPL Foundation community leadVet seized the market initiative by presenting a teaser for amendment XLS-0096, which brings native privacy to the XRP Ledger. 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The teaser came against the backdrop of a massive collapse in the privacy-centered network Zcash, triggered by the discovery of a critical bug in the Orchard pool, which had existed unnoticed since May 2022. After the news broke, the price of ZEC plunged 46% in just one day as the risk of hidden inflation triggered a full capitulation by major investors, including Arthur Hayes, who completely liquidated his ZEC position. How XRP's latest amendment could solve the privacy problemWhile the Zcash team is urgently trying to hire cryptographers to create a new pool and manually recount coins, XRP Ledger is offering a fundamentally new standard of confidentiality, according to the authors of the proposal. The essence of amendment XLS-0096, Confidential Transfers for MPT, is a transition from blind anonymity to verifiable confidentiality.Using advanced EC-ElGamal homomorphic encryption and zero-knowledge proofs (ZKP), RippleX architects have created a hybrid standard with the following characteristics:Mathematical transparency of issuance: User balances and transaction amounts are fully encrypted from external observers, but network validators always see the total amount of tokens in circulation, OutstandingAmount ≤ MaxAmount. Invisible printing of fake coins is physically impossible here.Resistance to AI threats: Verification uses compact sigma protocols and range proofs, packing chains of checks into a fixed size and protecting the network from cryptographic analysis.Split balance model: A wallet is divided into a stable part for spending and an incoming buffer, Inbox, which prevents transactions from freezing or being canceled because of outdated ZK proofs.Institutional compliance: Built-in mechanisms for selective disclosure and view keys are included for legal reporting to regulators. Large capitals receive commercial secrecy while remaining within the law.Yes, at the first stage, XLS-0096 is being deployed for multi-purpose tokens (MPTs), including stablecoins and tokenized assets inside the network. However, the implementation of this layer at the native XRPL level creates a ready engineering base whose principles can be scaled in the future for confidentiality of the base asset — XRP.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641146912","isCrawlerRequest":true}