XRP Ledger to activate BatchV1_1 on September 29 after vulnerability fix
- —BatchV1_1 activates on September 29 with over 80% validator support for two weeks
- —Feature bundles up to 8 transactions into a batch with atomic execution
- —Original Batch was disabled due to a vulnerability allowing authorization without private keys
- —Upgrade is part of the XRPL 3.3.0 cycle for tokenization and institutional settlements
Why it matters: Batch transactions will simplify atomic swaps and multi-step settlements on XRPL, strengthening the network's position in tokenization and the institutional segment.
Source: Coinpaper