EddieJayonCrypto
25 Mar 24
Ripple's development division, RippleX, recently disclosed a technical glitch affecting the AMM pool on the XRP Ledger. Ripple CTO David Schwartz clarified that the issue was not caused by the single-sided deposit feature. Schwartz's post came in response to RippleX's official message revealing a "...
Ripple's development division, RippleX, recently disclosed a technical glitch affecting the AMM pool on the XRP Ledger. Ripple CTO David Schwartz clarified that the issue was not caused by the single-sided deposit feature.
Schwartz's post came in response to RippleX's official message revealing a "discrepancy" that led to the disruption of transactions and liquidity pools on XRP Ledger. RippleX cited, "The discrepancy affected how the DEX payment engine routes liquidity through AMM pools and order books in some complex payment path scenarios."
On March 22, the Ripple team announced the successful integration of AMM on XRPL. Schwartz also joined the celebration by acknowledging the team's two-year-long efforts to bring "AMM live on XRPL." Notably, AMM pools are the liquidity pools used in decentralized exchanges (DEXs) and focus on facilitating trading without traditional order books.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.