We're excited to announce significant progress: our Hooks amendment has undergone a comprehensive security audit. This crucial step pushes us closer to integrating Hooks into the XRPL and unlocks the potential for an even more comprehensive range of services for XRPL users.
Before we embark on this new era, we believe Hooks will bring. We owe it to the community to ensure the robustness of the Hooks Amendment. That's why we collaborated with FYEO and their renowned experts in the field of cybersecurity to conduct a comprehensive external security audit of the XRPL Labs Hooks Amendment.
The primary objective of this audit was to offer an independent assessment of our overall security posture, identify potential risks, and review the efficiency of our security measures.
The audit focused on Hooks framework implementation, including the Hook API, helper functions, and execution environment.
The feedback from FYEO was exceptionally positive. During their audit, they found no serious or severe security issues. Several minor and a few moderate issues were found and were promptly resolved by us.
To read the full Hooks Amendment audit, click here.
Our Hooks Amendment showcases a robust security level, validating our dedication to security.
We've taken the recommendations onboard and are continually refining our codebase to enhance its resilience further.
Hooks allow the creation of customized logic and automation within the XRPL at layer one, making transactions smarter and more convenient.
Adding custom on-ledger functionality that can control the flow of transactions into and out of an account, create new transactions, and record and retrieve information from the ledger.
By bringing the potential of smart contract functionality to the XRPL's first layer, Hooks promise to enhance the innate capabilities of XRPL significantly.
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We would like to take a moment to express our gratitude for the thoughtful comments and insightful findings FYEO’s audit provided.
We are happy that we can move forward with more confidence, knowing more eyes have looked at the code powering what is possibly the biggest contribution to the XRP Ledger code base since inception.
We are both humbled and excited by this as we step into our future as Xaman.
The potential that Hooks bring to our community is immense. From enabling auto-savings to anti-scam firewalls to automated decentralized financial instruments and even automated regulatory compliance, Hooks are about making your XRPL journey both safer and more dynamic.
What really sets the Hooks Amendment apart from other XRPL smart contract solutions is its seamless integration with XRPL's Layer 1, making it a core part of the Ledger's DNA. This allows Hooks to use the unique features and capabilities of the XRPL, delivering superior control over transaction flow and logic and a richer user experience.
The successful completion of the audit represents an essential milestone for us. It affirms our security measures and propels us closer to our vision of integrating Hooks into the XRPL.
The introduction of Hooks will grant users increased flexibility to tailor applications to their unique needs, inspiring further innovation within the XRPL ecosystem.
Stay connected as we move closer to integrating the Hooks amendment into the XRPL, laying the groundwork for boundless potential.
The full security audit can be found here.
To a brighter, more innovative future with the XRP Ledger Protocol!
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