XRPL wallet Xumm undergoes a major rebranding, transforming into Xaman, as XRPL Labs introduces comprehensive updates.
XRPL wallet Xumm undergoes a major rebranding, transforming into Xaman, as XRPL Labs introduces comprehensive updates.

In a momentous development, the widely acclaimed XRPL wallet, Xumm, has undergone a transformative rebranding, emerging as Xaman and bringing forth several enhancements. XRPL Labs, the mastermind behind Xumm, unveiled significant updates on Monday, encompassing not only a comprehensive rebrand from Xumm to Xaman but also an extensive integration with the Xahau Network chain, layered atop the XRP Ledger.

The latest upgrade, marked by version 2.6.0, extends beyond a mere alteration of brand name and identity. It signifies a noteworthy initiative by the XRPL Labs team to incorporate the Xahau Network chain, adding a layer to the XRP Ledger that facilitates smart contract functionality. This integration opens new avenues for developers to construct decentralized applications (dApps) within the XRP ecosystem.

Users of the XRPL can seamlessly access the newly introduced Xaman wallet through their respective app stores. The deployment strategy for this update involves a phased rollout approach, with the Xaman team opting for a random selection of users to receive the update gradually over a week. This measured approach ensures a smooth and controlled dissemination of the enhanced features to the user base.

The Xumm wallet also underwent some key developments earlier this year. Back in October 2023, Xumm wallet attained a major milestone with active global users crossing 600,000.

Xaman’s Multi-Network Support

A standout feature of our 2.6.0 update is the introduction of Multi-Network Support, a design aimed at streamlining navigation across different XRPL networks. In a significant modification, XRPL Labs has facilitated seamless transitions between XRPL and the Xahau Network, marking a crucial step forward in the XRPL ecosystem. Xahau, positioned as the next frontier in XRPL’s evolution, brings forth rapid, secure, and cost-effective smart contracts.

The official update from the XRPL Labs team highlights a key improvement – users can now execute transactions on both networks using the same r-address. This user-friendly approach prioritizes consistency and flexibility, eliminating the need for distinct addresses on different networks, and thus avoiding confusion. Additionally, Xaman users gain access to advanced Xahau functionalities, including Hooks, empowering the execution of smart contracts on the network.

Moreover, the updated wallet offers an extended option for account naming, allowing users to define their account name with up to 64 characters. This enhancement further contributes to better organization and customization of user accounts.

XRPL Labs is confident that these latest enhancements significantly enhance the user experience and prepare the wallet for the integration of more Xahau-specific functionalities as the new network strives for increased adoption.

Amid concerns about whether Xahau’s early success and heightened focus by XRPL Labs might divert attention from the main XRPL, founder Wietse Wind offers reassurance. He also contends that XRPL will ultimately benefit if Xahau realizes its full potential, emphasizing a synergistic relationship between the two.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

XRP Labs XRP Ledger Xumm Wallet

Read More