.woj4ke explains what makes XRPL Hooks different from Ethereum $ETH smart contracts $XRP Ripple
comes with a variety of features natively, and with Hooks & Evernode , we’re going to have a LOT of flexibility and leverage.This statement was shared by Wo Jake, independent developer of XRP Ledger and its flagship second layer solution Evernode. In his recent tweet he admitted that not many people actually understand the technical and business implications of XRP Ledger with Hooks.
Jake is also sure that the combination of the feature-rich core design of XRP Ledger, its Hooks functionality and L2 scaling tools unlocks marvelous opportunities in terms of both flexibility and leverage. However, there are a lot of functions that are still waiting to be implemented into XRP Ledger's technical design:XRP token, a core native asset of XRP Ledger, is changing hands at $0.48 on major spot trading platforms. It lost 1.38% of its valuation in last 24 hours.As covered by U.Today previously, XRPL Hooks, a simple smart contract for XRP Ledger, finally accomplished a major milestone this month.
On June 6, 2023, it was reported that cybersecurity firm FYEO completed the audit of XRPL Hooks' codebase with no major bugs disclosed.Now, the discussion is gaining steam regarding the next phases of Hooks Amendment implementation in mainnet. Some seasoned XRP developers, including Scott Chamberlain, a co-founder of Evernode, are sure that it is better to activate this function on an isolated sidechain.
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