Governance of decentralized networks is crucial for seamless, transparent, and fair system operations. As part of the Xahau ecosystem, we at XRPL Labs are gearing up for its launch, engaging in its innovative governance mechanism, the Genesis Hook Governance Game.
So, what sets Xahau's governance apart from the rest? Let's delve deeper into the mechanics and principles determining its decision-making process.
Xahau's Governance Framework
Xahau introduces a visionary governance mechanism, the Governance Game, overseeing token distribution, rewarding active participants, and maintaining network vitality.
Unlike a permanent, predetermined governing body, this participant-driven approach to governance ensures a community-centric approach toward decision-making while engaging diverse stakeholders.
The Governance Game ensures each member or validator plays a pivotal role in contributing to the collective decisions shaping the Xahau ecosystem once it goes live.
This method of governance guarantees everyone who has a seat has a voice, and all work together to move the Xahau ecosystem forward.
The foundation of this governance method lies within a smart contract. This contract acts as the law, establishing the rules and helping ensure interactions within the ecosystem adhere to set standards.
Our Role: XRPL Labs within Xahau
At launch, within the Xahau governance structure, XRPL Labs functions as a member of the governance game. While our role is significant, it's essential to understand we operate within a governance network, being just 1 of the ideal 20 level 1 participants. We're one of the many instruments in this symphony.
Being a member of the Governance Game, we believe the strength of Xahau's governance lies in its diversity. Xahau’s Governance Game unites experts from all fields, including programming, finance (in the form of an L2 table of cryptocurrency exchanges), cybersecurity, and beyond. The combined expertise ensures timely and well-informed decisions.
Richard Holland, the CTO of XRPL Labs and Lead Developer of the Hooks Amendment, shared his insights on Xahau's governance: "Xahau's Governance Game allows up to 400 stakeholders elected from the community, enterprise, infrastructure providers, and even, in the future, governments, to participate in and be rewarded for the democratic forward progress of the Xahau ledger and its features."
This diversity is a testament to Xahau's design: creating a robust and resilient ecosystem.
Xahau's architecture is built to detect and reward real contributions, which helps to keep the ecosystem focused and unified.
Utilizing one of Xahau's unique features: the UNLReport, the Genesis Hooks evaluate validator participation in consensus, ensuring only those meeting the consensus threshold are rewarded.
It's a self-regulating mechanism that promotes merit over mere participation. By leveraging a tiered voting system and the UNLReport, Xahau ensures validators are held to the highest standards of participation and contribution.
Highlighting the inclusive and democratic nature of Xahau's governance model, ensuring a wide array of voices and expertise are considered in its ongoing development and management.
We believe Xahau stands as the biggest evolution in the XRPL ecosystem since its inception, introducing layer one smart contracts and opening a world of opportunities.
Understanding the DAO
The Governance Game of Xahau can be likened to a decision-making body operating on a voting mechanism, similar to a DAO (Decentralized Autonomous Organization), which operates on consensus among its members for decision-making.
An illustrative depiction of the Xahau Governance Table showcasing a collaborative arena where participants unite to shape the Xahau ecosystem through consensus and strategic decision-making.
With a total of 20 seats, each seat has a distinct vote. Some seats, such as the one held by XRPL Labs, represent an individual validator (Level 1), while others represent a group (Level 2).
As a Level 1 validator, XRPL Labs' voice carries a certain weight, indicative of our commitment and stake in Xahau's vision.
This two-tiered voting system ensures balanced decisions and considers the perspectives of both individual validators and groups, ensuring they benefit the Xahau ecosystem and vision.
Accountability Mechanisms
A system's robustness is often determined by its sustainability. In Xahau, validators who don't meet the expected standards are temporarily excluded from rewards.
This mechanism ensures accountability and commitment from all involved parties. By integrating on-chain governance with off-chain validator performance, Xahau creates a dynamic feedback loop for continuous improvement.
It's a way to ensure as Xahau grows, it does so in the best way possible, with all validators aligned in their mission and adhering to the highest standards of network integrity.
xApps to Provide a Window to Governance
As we approach the launch, Xahau is continually evolving. A notable development on the horizon is the introduction of xApps showing votes and interaction with Xahau.
These tools aim to enhance the transparency of the governance process, providing a clearer view of decisions.
These xApps will serve as a bridge, connecting the community with the governance processes ensuring transparency and participation.
The Future
For XRPL Labs, Xahau represents more than a blockchain project; it signifies the dawn of a truly decentralized era.
An era where ecosystem participants are incentivized, collaboration drives decisions, and genuine contributions are at the forefront.
Denis Angell of XRPL Labs sheds light on the capabilities of Xahau: "Hooks can do anything that the EVM can do, and more. With core features like escrow already adopted, any hook can interact with that escrow contract. Combined with the ability to install hooks on an account, the possibilities are exponential."
Historically, a significant portion of the blockchain space overlooked XRPL due to the absence of smart contracts. With Xahau, that narrative is set to change.
As we gear up for the launch, we're excited about the potential and promise Xahau holds for the future of decentralized governance and the XRP Ledger.
Your support means the world to me, and I invite you to consider making a donation or becoming a dedicated supporter of this project. Any amount of XRP donations can be sent by scanning the QR code below and are greatly appreciated. Send me a message in the memo, if you like
Have you noticed a Personality Change in those who took the experimental Covid Vaccines?
If so, here’s the theory as to why this has happened, and it makes perfect sense as to why the elites would do this. THEY do not want you to be able to step into your power. With this destroyed, THEY win.
Stargate: Establishing the Physical Foundations of the AI Revolution 🛰️🌎
The Stargate initiative represents the most substantial investment in artificial intelligence infrastructure to date, as it begins to materialize on a global scale. While many perceive AI as an ethereal technology—simply accessed via applications like ChatGPT 🤖—each digital interaction is, in fact, powered by extensive physical resources: vast data centers 🏢, thousands of cutting-edge GPUs 💾, sophisticated cooling systems 💧, dedicated power grids ⚡, and essential water pipelines 🚰. AI does not reside on personal devices; it is anchored on Earth and demands significant resources.
As artificial intelligence continues to advance, its infrastructure needs only intensify. Regardless of improvements in model efficiency, the explosive growth in usage—billions of queries, ongoing model training, and worldwide deployment—necessitates ever-greater computing power, land, electricity, and semiconductors. This expansion is not plateauing; it is accelerating 📈.
🇦🇪 The United Arab Emirates has taken a decisive step that the United States has been reluctant to pursue.
👉 “Within the next two years, cryptocurrency will be used more frequently than traditional currencies like the dollar or dirham, even for everyday purchases such as coffee and groceries.” 🏦☕🛒
It is worth noting which cryptocurrencies offer transaction fees that are virtually negligible. 😏
The official further stated: “Mark my words, I believe in actions, not just words.”
👉 Coinbase just launched an AI agent for Crypto Trading
Custom AI assistants that print money in your sleep? 🔜
The future of Crypto x AI is about to go crazy.
👉 Here’s what you need to know:
💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit
👉 What this means for the future of Crypto:
1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025
🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.
👉 Coinbase just launched an AI agent for Crypto Trading
👉 Coinbase just launched an AI agent for Crypto Trading
Veritaseum Hodlers, Are You Ready For Chaos? 🚀 👩🚀
What would happen if Veritaseum was "Resurrected" from the Land of Dead Cryptos? Would Clif High's prediction of Veri trading 1 to 1 with Bitcoin actually come TRUE?! We may just find out SOONER than you think!!
The Motion to Vacate the SEC case against @ReggieMiddleton was filed on Friday May 30th, 2025 and contains NEW EVIDENCE clearly illustrating the alleged Fraud Upon the Court by SEC attorney Jorge Tenreiro.
It’s Reggie’s time to shine and this is going to be Epic!
Watch for a Video and further X posts breaking down this New Evidence.
Stellar's Ecosystem Surges Forward: Smart Contracts, Lightning Speed, and Real-World Impact in 2025
The Stellar blockchain ecosystem is experiencing remarkable momentum in 2025, with groundbreaking technical achievements and expanding real-world adoption that position it as a major player in the decentralized finance landscape. From lightning-fast transaction speeds to innovative smart contract capabilities, Stellar is demonstrating that blockchain technology can deliver both performance and practical utility.
Technical Breakthroughs Drive Performance
The Stellar Development Foundation's Q1 2025 quarterly report reveals impressive technical milestones that showcase the network's maturation. The platform now processes an astounding 5,000 transactions per second with remarkably fast 2.5-second block times, putting it among the fastest blockchain networks in operation today.
This performance leap isn't just about raw numbers—it represents Stellar's commitment to creating infrastructure that can handle real-world demand. Whether it's cross-border payments, asset tokenization, or decentralized applications, the network's enhanced capabilities provide the foundation for scalable blockchain solutions.
Smart Contracts Get Smarter with Soroban
One of the most significant developments has been the launch and continued evolution of Soroban, Stellar's smart contract platform. The introduction of Contract Copilot represents a major advancement in developer experience, enabling faster and safer smart contract development through enhanced tooling and guidance.
This focus on developer experience is crucial for ecosystem growth. By lowering barriers to entry and improving the development process, Stellar is positioning itself to attract innovative projects and talented developers who might otherwise choose competing platforms.
New Token Standards Meet Market Needs
The Stellar Development Foundation has introduced new token standards developed specifically based on feedback from developers and institutional users. This responsive approach to platform development demonstrates Stellar's commitment to building technology that meets actual market needs rather than theoretical requirements.
These standards are particularly important as institutional adoption continues to grow, with organizations requiring robust, compliant, and flexible token frameworks for their blockchain initiatives.
Global USDC Integration Expands Utility
The integration of USDC across Stellar's global network represents a significant milestone for practical cryptocurrency adoption. Stablecoins like USDC provide the price stability necessary for everyday transactions and business operations, making them crucial for blockchain platforms seeking real-world utility.
This integration is particularly impactful in emerging markets, where access to stable digital currencies can provide financial services to underbanked populations and facilitate more efficient cross-border transactions.
Industry Events Build Community Momentum
The Stellar ecosystem's growing influence is evident in its presence at major industry events. The foundation's participation as a sponsor at Consensus 2025 in Toronto and Digital Assets Week in New York demonstrates its commitment to engaging with builders, investors, and institutional leaders across the blockchain space.
These events serve as crucial networking opportunities and platforms for showcasing innovative projects within the Stellar ecosystem. Recent Meridian events have highlighted creative projects like Skyhitz and HoneyCoin, illustrating the collaborative spirit and diverse applications being built on the platform.
Real-World Impact in Emerging Markets
Perhaps most importantly, Stellar's growth isn't just about technical metrics—it's about real-world impact. The platform's focus on emerging markets addresses genuine financial inclusion challenges, providing efficient payment rails and access to digital financial services where traditional banking infrastructure may be limited.
This practical approach to blockchain implementation sets Stellar apart from projects that focus primarily on speculative trading or theoretical use cases. By solving actual problems for real users, Stellar is building sustainable demand for its technology.
Looking Ahead: Enterprise-Grade Infrastructure
Stellar positions itself as offering enterprise-grade asset tokenization alongside its DeFi capabilities and payment infrastructure. This comprehensive approach makes it attractive to institutions looking for a single platform that can handle multiple blockchain use cases.
The combination of fast transactions, low costs, smart contract capabilities, and regulatory-conscious development creates a compelling value proposition for enterprises considering blockchain adoption.
The Road Forward
As 2025 progresses, Stellar's ecosystem appears well-positioned for continued growth. The technical infrastructure improvements, developer-focused enhancements, and real-world adoption initiatives create a strong foundation for expanding use cases and user adoption.
The blockchain industry has seen many projects promise revolutionary capabilities, but Stellar's focus on delivering measurable performance improvements and practical solutions suggests a mature approach to blockchain development. With transaction speeds that rival traditional payment systems and growing institutional adoption, Stellar is demonstrating that blockchain technology can move beyond experimental phases into mainstream utility.
For developers, institutions, and users looking for blockchain solutions that prioritize both performance and practical applicability, Stellar's 2025 developments represent significant progress toward a more accessible and useful decentralized financial ecosystem.
Source: The Dinarian ⚡ Claude AI
🙏 Donations Accepted 🙏
If you find value in my content, consider showing your support via:
Soroban Security Audit Bank: Raising the Standard for Smart Contract Security
The Stellar Development Foundation (SDF) is deeply committed to helping ensure that the highest security standards are available for projects building on the Stellar network. Last year SDF launched the Soroban Security Audit Bank, an initiative to provide projects access to auditing experts and tooling that are proven to help prevent hacks by catching potential bugs, inefficiencies, and security flaws before contracts go live. Through the Soroban Security Audit Bank, we’re empowering teams building on Soroban with comprehensive security audits from leading audit firms, enhanced readiness support, and robust tooling, significantly elevating the ecosystem’s safety and efficiency.
Since launch, the Soroban Security Audit Bank has successfully conducted over 40 essential audits, deploying over $3 million to support security of the smart contracts on Stellar. Check it out!
Ecosystem Success Stories: How the Soroban Audit Bank Drives Security Forward
By making automated formal verification available to developers, in addition to allocating significant budget for securing many of the top DeFi protocols built on top of Stellar, SDF has established a new security standard in the Web3 ecosystem. –Mooly Sagiv,Co-Founder of Certora
SDF has been a strong partner as we’ve worked with teams across the Stellar ecosystem. SDF’s Audit Bank initiative allows for a smooth and streamlined review process, and is a clear reflection of the Stellar ecosystem’s enhanced commitment to security. –Robert Chen,CEO of OtterSec
Leading projects within the Soroban ecosystem have highlighted the impact of the Audit Bank
Finding a good auditor is difficult, expensive, and high-stakes. The Audit Bank streamlines the process and supports ecosystem projects with security review at critical growth milestones. –Markus Paulson,Co-Founder of Script3
The audit firms we worked with deeply understood the full ecosystem and the underlying protocols used. Their expertise and the tools from the Audit Bank strengthened our security and supported user and investor trust. –Esteban Iglesias Manríquez,Co-Founder of Palta.Labs
What's New in 2025: Enhanced Audit Support for Soroban Builders
Teams building financial protocols, high-dependency data services, high-traction dApps funded by the Stellar Community Fund are able to request an audit and will typically be matched with a reputable audit firm within two weeks. We recently restructured the program for this year to enhance audit efficiency and incentivize accountability, and rapid and complete vulnerability remediation:
Complimentary Initial Audit: Projects will need to contribute 5% of the audit cost upfront, but this co-payment amount is eligible for a full refund, provided that critical, high, and medium vulnerabilities identified are swiftly remediated within 20 business days of receiving the initial audit report (learn more).
Incentivized Security at Key Traction Milestones: Complimentary, extensive follow-up audits are available as projects achieve critical traction milestones (e.g., $10M and $100M TVL). These audits include deeper assessments such as formal verification or competitive audits, significantly boosting project security at pivotal stages.
Advanced Security Tooling: Projects can enhance their security self-serve through complimentary or discounted access to specialized tooling, which provide vulnerability detection and formal verification capabilities (see full list of available tooling). These tools are encouraged to capture ‘easy-to-spot’ issues prior to audit as well as a final check post-audit to increase the effectiveness and thoroughness of audits.
Enhanced Audit Readiness Support: Projects receive structured preparation support, including the implementation of best practices and security standards based on the STRIDE threat modeling framework. This ensures project teams are thoroughly prepared, optimizing audit efficiency and minimizing delays.
Get Started Today
If you're already funded through the Stellar Community Fund, meet the criteria and ready to secure your smart contracts, check your email for an invitation to submit an audit request–if you haven’t received one, contact [email protected].
If you haven't built on Stellar yet, we encourage you to start your journey with the Stellar Community Fund to become eligible for future security audits and ecosystem support. For any broader questions on the program, contact [email protected].
Also, we’re organizing an exciting series of workshops–join us for the kick-off on Soroban Security Best Practices on Friday, May 30, 2025 at 2 PM ET on @StellarOrg. Together, we're shaping a secure and resilient future for smart contracts on Stellar.
Bloomberg reported that Banco Santander is mulling introducing euro and dollar stablecoins, or potentially making a third party coin available to clients, citing sources. This move aligns with broader crypto ambitions, as its digital bank, Openbank, has reportedly applied for a European cryptocurrency license under the Mica Regulations and may enable retail access to digital assets.
Systemically important banks embrace stablecoins?
Major banks are now moving from observers to participants in this expanding market. Should Santander confirm plans to launch a stablecoin, it will be the fourth global systemically important bank (G-SIB) to do so. Societe Generale’s FORGE subsidiary launched the EURCV euro coin in 2023. Deutsche Bank is a partner in ALLUnity, another stablecoin initiative with plans to launch this year, subject to regulatory approval. And Standard Chartered is part of a joint venture in Hong Kong that intends to introduce a stablecoin.
Santander’s involvement could extend beyond an individual initiative. The bank is a shareholder in The Clearing House, where the Wall Street Journal reported that US banks are exploring the potential to create a joint stablecoin. If a US initiative took that route it could involve nine more G-SIBs including Bank of America, Barclays, BMO, BNY Mellon, Citi, HSBC, JP Morgan, TD Bank and Wells Fargo.
Apart from these initiatives, our research shows that more than 20 other banks have been involved in stablecoin projects.
Until recently stablecoins were mainly used to settle cryptocurrency transactions and by residents in countries with volatile domestic currencies. During the last year stablecoin infrastructure has been expanding, especially for mainstream cross border payments. Plus, President Trump issued an executive order prioritizing stablecoins. One of the administration’s motivations is this increases demand for US Treasuries, lowering the interest rate the government pays on the Treasury bills.
Santander as an early digital assets mover
Santander’s stablecoin consideration builds on years of blockchain experience. The bank was an early Ripple investor and previously used Ripple’s permissioned network for payments (not XRP), while also embracing permissionless blockchain activities including issuing a digital bond on Ethereum in 2019. This dual approach led to collaborations with other major players – alongside Societe Generale FORGE and Goldman Sachs, Santander participated in the European Investment Bank’s first digital bond, also on Ethereum. Currently, the bank’s most significant digital money initiative involves Fnality, the wholesale blockchain-based settlement network, where Santander ranks among 20 institutional backers and is part of the early adopter group alongside Lloyds Bank and UBS.
Sign Up for free to see more from this community or subscribe to TheDinarian for $5/month to support TheDinarian for more interaction and exclusive content.
Welcome to the Dinarian on Locals, where we discuss everything blockchain and digital asset related. We are here to learn from one another as this is a new and ever evolving space. Please post and share what you like, but be respectful to others as they are here to learn as well.
Knowledge is power, using that knowledge can be extremely powerful,
The Dinarian