Ripple CTO wants community approval for XRPL AMM feature adoption

Ripple's Chief Technology Officer David Schwartz has encouraged validators of the XRP Ledger (XRPL) to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community.

On X (formerly Twitter), Schwartz discussed the XRPL AMM feature. In the first post, Schwartz mentioned AMMs as an interesting part of decentralized finance.

XRP Ledger is the decentralized blockchain XRP (XRP) as its native asset. It is known for its speed and scalability, making it ideal for a variety of financial applications, including cross-border payments and money transfers.

In response to a community member's question about when AMMs would go live on XRPL after the governance vote, Schwartz said that if a majority supports the amendment, the changes could be implemented within two weeks.

In general, however, validators should not vote yes individually. The community must make a decision and then validators must vote yes when the community is on board and enough nodes support the change.

The amendment voting process is intended to…

— David “Joel Katz” Schwartz (@JoelKatz) October 6, 2023

Expanding on the importance of voice superiority, Schwartz emphasized that no validator currently supports voice to the extent of his knowledge. The introduction of the AMM feature followed the release of the cracked version 1.12.0, which brought a potential rollback feature. Adding AMM is not limited to introducing a new business engine; It also enables integration with the XRPL decentralized exchange.

Despite the importance given to this feature, Schwartz advises that auditors should not vote independently to advance these reforms. Instead, he emphasized, “the community must first reach consensus, then validators must vote yes once the community has reached consensus and enough nodes support the fix.”

In addition to his prominent role at Ripple, Schwartz is known for his informative articles and his commitment to supporting decentralization.

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More recently, it has avoided controversy regarding the clawback feature, which is often seen as intrusive to XRPL users. He explained that the feature aims to protect developers from potential legal liabilities in the ecosystem.

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