Validators on the XRP Ledger voted to adopt a new amendment without Ripple support.
The upgrade allows senders to sign transactions and create virtual checks for specific amounts and destinations. The XRP only moves if the receivers decide to “cash it”. If the checks fail – due to potential issues with the sender, such as insufficient balance or liquidity, they will remain in the ledger for later collection.
The amendment gained momentum when XRPL validator Alloy Networks removed its veto on June 2, shorting a “yes” to cross the threshold.
– Alloy Networks (@alloynetworks) June 3, 2020
The next day, another validator, rippleitin.nz, deleted the last veto needed for adoption.
If no one withdraws his vote, the XRPL will officially approve the checks on June 17.
Changes apply to all subsequent ledger versions and cannot be turned off unless a separate amendment is explicitly adopted that does so.