{"id":271351,"date":"2024-03-25T23:10:10","date_gmt":"2024-03-25T17:40:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=271351"},"modified":"2024-03-25T23:10:10","modified_gmt":"2024-03-25T17:40:10","slug":"canary-network-testing-proposed-after-amm-launch-issues-on-ripples-xrp-ledger-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/canary-network-testing-proposed-after-amm-launch-issues-on-ripples-xrp-ledger-crypto-news\/","title":{"rendered":"Canary network testing proposed after AMM launch issues on Ripple\u2019s XRP Ledger &#8211; Crypto News"},"content":{"rendered":"<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/ripple\/\">Ripple<\/a>\u2018s developer arm, RippleX,\u00a0revealed that some of the recently introduced Automated Market Maker (AMM) pools on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/ripples-xrp-ledger-surging-network-activity-stirs-ddos-attack-concerns\/\">XRP Ledger (XRPL) encountered technical issues<\/a> that prevented transactions from processing correctly.<\/p>\n<p>In a March 24 statement on X (formerly Twitter), the developers <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RippleXDev\/status\/1771961354297241930\">said<\/a>:<\/p>\n<blockquote>\n<p>\u201cThe discrepancy affected how the DEX payment engine routes liquidity through AMM pools and order books in some complex payment path scenarios.\u201d<\/p>\n<\/blockquote>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/people\/david-schwartz\/\">David Schwartz<\/a>, the CTO of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/ripple\/\">Ripple<\/a>, further explained that the issue did not originate from the single-sided deposit feature, as it aligns with the intended functionality of the AMM design. He added:<\/p>\n<blockquote>\n<p>\u201cSingle-sided deposits allow for a more streamlined user experience, but can lead to price impacts when pools have less liquidity. It\u2019s best for users to review the price impact in their tooling before submitting a transaction and front-end apps should display this information to users.\u201d<\/p>\n<\/blockquote>\n<p>AMMs were <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/JoelKatz\/status\/1771284874931925459?s=20\">launched on XRPL<\/a> on March 22 after the community had waited two years. The project was designed to unlock additional liquidity sources and trading opportunities for XRPL users.<\/p>\n<p>However, due to the early teething problems, AMM users have been advised against depositing new funds into these pools until the issue is resolved.<\/p>\n<p>Furthermore, RippleX revealed that a proposed solution is under community review and will soon be put to an amendment voting process.<\/p>\n<h2 class=\"s3\">\u2018Canary network\u2019<\/h2>\n<p>XRPL developer Wietse Wind <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WietseWind\/status\/1771998717832278162?s=20\">proposed<\/a> the concept of a Canary network for the blockchain network in response to the challenges encountered during the launch of AMM.<\/p>\n<p>According to him:<\/p>\n<blockquote>\n<p>\u201cThe recent finding of a bug in the freshly launched AMM on the XRP Ledger shows the need for better testing. Testing with real value, on a network that isn\u2019t mainnet. Testing when an amendment is available, not when it was voted in and went live.\u201d<\/p>\n<\/blockquote>\n<p>The Canary network would operate independently with its native tangible asset. This setup will encourage real-life usage, providing a practical environment for users and developers to test and identify vulnerabilities.<\/p>\n<p>Notably, Wind\u2019s idea echoes existing practices in blockchain development, such as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum\u2019s<\/a> utilization of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/ethereum-holesky-testnet-launch-flops-relaunch-is-expected-in-coming-weeks\/\">multiple testnets like Sepolia<\/a>. These test environments serve as crucial <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/ethereum-nears-staking-withdrawals-with-shapella-upgrade-on-sepolia\/\">platforms for testing upgrades<\/a> and amendments before their deployment on the mainnet.<\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/canary-network-testing-proposed-after-amm-launch-issues-on-ripples-xrp-ledger\/\">Canary network testing proposed after AMM launch issues on Ripple\u2019s XRP Ledger<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2018s developer arm, RippleX,\u00a0revealed that some of the recently introduced Automated Market Maker (AMM) pools on XRP Ledger (XRPL) encountered technical issues that prevented transactions from processing correctly. In a March 24 statement on X (formerly Twitter), the developers said: \u201cThe discrepancy affected how the DEX payment engine routes liquidity through AMM pools and order [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":271352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-271351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=271351"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271351\/revisions"}],"predecessor-version":[{"id":271358,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271351\/revisions\/271358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/271352"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=271351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=271351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=271351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}