If you're new to XRP, you may have noticed some of us discussing another network named 'Xahau'.
It's Like XRP ... But Different
The Xahau network was created in 2023, and its starting point was the open-source code for the XRP Ledger. A small team of researchers and entrepreneurs decided to add smart contracts to the network code.
The XRP Ledger has no smart contract capabilities, by default.
To integrate smart contracts, the team decided to use an architecture that includes 'WASM' or 'web assembly' code. Each account can have up to 10 'hooks' installed that are triggered for transactions that match specific criteria. They can run before or after a transaction is processed. This enables a variety of use cases that do not involve the need to change the network's core code.
Hooks
A 'hook' is what is known as a smart contract that can be triggered in relation to a specific account and its transactions.
- Community review
- Community approval
- Amendment voting
- Much smaller supply ~612 million coins vs. 100 billion coins
- XAH hodlers are rewarded at 4% of their account balance. There are no rewards for XRP.
- Governance participants are incentivized
- Payment channels available for user-created tokens (IOUs)
- URI tokens instead of NFT tokens
- Xaman (a.k.a. XRPL Labs)
- Gatehub
- InFTF (Inclusive Financial Technology Foundation)





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