• XRP developer Wietse Wind recently discussed the comparison between XRPL and Ethereum ecosystems.
• Hooks technology is available on the Hooks V3 testnet, which will allow developers to create their own logic into accounts on XRPL protocol chains.
• Other XRPL developers have noted the strength of avoiding smart contract bugs in the XRPL ecosystem compared to Ethereum-based ones.
XRP Ledger Developer Touts Hooks as Key to Dethrone Ethereum
XRP developer Wietse Wind recently took to Twitter to discuss the gap between XRPL and Ethereum or EVM ecosystems regarding introducing innovative features and concepts.
Hooks V3 Testnet
Hooks technology is already available on the Hooks V3 testnet, which enables developers to add their own logic into accounts on XRPL protocol chains. The technology has also undergone a thorough security audit and is set for an imminent release.
Token Representation and Genuine Utility
Wind clarified that sidechains would include a representation of XRP, ensuring genuine utility for any tokens that may be introduced.
Strength of Avoiding Smart Contract Bugs
Other XRPL developers such as Neil Hartner noted the strength of avoiding smart contract bugs in comparison with Ethereum-based ecosystems.ConclusionThe introduction of hooks technology is seen by many as a key step towards enabling greater creativity among developers while providing them with a platform to create new features for the XRP Ledger in order to compete with other popular blockchain protocols.