🚨 XRPL: NEW PRIVACY UPGRADE GENERATES ATTENTION 🚨 The XRPL Foundation has proposed XLS-0096, a new privacy upgrade for the XRP Ledger. 🔐 What’s planned: Encryption of transaction amounts and account balances Network can still verify supply consistency Protection against unauthorized coin minting remains intact 👀 Key concept: Enhanced privacy for users Still enables regulatory compliance Authorities and institutions could gain targeted access when needed 🏦 Target audience: Banks and institutional investors Stablecoins and tokenized assets Regulated financial applications ⚡ Market context: Zcash recently experienced a sharp decline (~46%) following a critical security vulnerability in its “Orchard Shielded Pool.” The incident has intensified discussions around secure privacy solutions.
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