XRP Ledger May Get New NFT Standard Just Months After Accepting Previous One, Here’s Why – U.Today
Lightweight NFTs may appear on XRP Ledger if this proposal is accepted
Almost three months after the introduction of the XLS-20 standard, which brought the NFT revolution to XRP Ledger, a new proposal was put forward expressing dissatisfaction with it and suggesting improvements to non-fungible tokens.
What is new XRPL proposal about?
According to the XLS-35d proposal, a lighter alternative has been introduced to the existing NFT format, called URIToken. The main reason for dissatisfaction with XLS-20 is said to be complexity, a general lack of understanding and a lack of first-class NFT objects.
Without going into the technical details, w