XRPL Foundation Exec Teases XRP Native Privacy Amid Zcash Crisis

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRPL Foundation community lead Vet seized the market initiative by presenting a teaser for amendment XLS-0096, which brings native privacy to the XRP Ledger. The teaser came against the backdrop of a massive collapse in the privacy-centered network Zcash , triggered by the discovery of a critical bug in the Orchard pool, which had existed unnoticed since May 2022. Advertisement After the news broke, the price of ZEC plunged 46% in just one day as the risk of hidden inflation triggered a full capitulation by major investors, including Arthur Hayes, who completely liquidated his ZEC position. How XRP's latest amendment could solve the privacy problem While the Zcash team is urgently trying to hire cryptographers to create a new pool and manually recount coins, XRP Ledger is offering a fundamentally new standard of confidentiality, according to the authors of the proposal. The essence of amendment XLS-0096, Confidential Transfers for MPT, is a transition from blind anonymity to verifiable confidentiality. HOT Stories Why Did Zcash Crash 43%? Breaking Down Latest Move Bitcoin (BTC), Ethereum (ETH), Stellar (XLM) and Toncoin (TON) Price Analysis for June 5: Bulls Must Overtake Control XLS-96 for the non readers https://t.co/B2TDQGmBu9 Advertisement — Vet (@Vet_X0) June 5, 2026 Using advanced EC-ElGamal homomorphic encryption and zero-knowledge proofs (ZKP), RippleX architects have created a hybrid standard with the following characteristics: Mathematical transparency of issuance: User balances and transaction amounts are fully encrypted from external observers, but network validators always see the total amount of tokens in circulation, OutstandingAmount ≤ MaxAmount. Invisible printing of fake coins is physically impossible here. Resistance to AI threats: Verification uses compact sigma protocols and range proofs, packing chains of checks into a fixed size and protecting the network from cryptographic analysis. Split balance model: A wallet is divided into a stable part for spending and an incoming buffer, Inbox, which prevents transactions from freezing or being canceled because of outdated ZK proofs. Institutional compliance: Built-in mechanisms for selective disclosure and view keys are included for legal reporting to regulators. Large capitals receive commercial secrecy while remaining within the law. You Might Also Like Thu, 06/04/2026 - 15:51 Dave Portnoy Announces He Will Not Sell XRP and Bitcoin Despite Multi-Million Loss By Gamza Khanzadaev Yes, at the first stage, XLS-0096 is being deployed for multi-purpose tokens (MPTs), including stablecoins and tokenized assets inside the network. However, the implementation of this layer at the native XRPL level creates a ready engineering base whose principles can be scaled in the future for confidentiality of the base asset — XRP . Advertisement #XRP News #Ripple News #XRP #Zcash