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Original content:
The change adds five new transaction types — ConfidentialMPTSend, ConfidentialMPTConvert, ConfidentialMPTMergeInbox, ConfidentialMPTConvertBack and ConfidentialMPTClawback. It also pulls in the mpt-crypto library so the network can verify proofs on chain. Under the hood, that means EC-ElGamal ciphertexts, Pedersen commitments, compact sigma proofs and aggregated Bulletproof range proofs. The point is to keep a balance private while still letting the ledger check that the amounts are consistent — that no token is being conjured out of nothing. Merging into develop isn't activation. The feature has to clear the XRPL amendment process, which requires a supermajority — more than 80% of trusted validators — to approve continuously for two weeks. Validator Vet expected a package that includes confidential transfers and batch transactions to reach validators for voting in mid-to-late July. A July 20 report said validators were expected to start a vote "in about two weeks." The draft introduces issuer opt-in flags, so a token issuer could choose to enable confidential circulation for specific tokens. The trade-off the design makes: the ledger still verifies supply and flows through the proofs, but the amounts themselves stay encrypted. The next concrete step is the validator vote. If the amendment clears the two-week supermajority threshold, the feature would be live. Until then, the code is in the develop branch and XLS-0096 remains a draft. The rippled client merged support for confidential transfers on Multi-Purpose Tokens into its develop branch on June 27, putting the XRP Ledger a step closer to letting issuers hide token balances without giving up on-chain verification. The code implements XLS-0096, a draft standard published Jan. 15, and it's now waiting on validators to decide whether it ever goes live. The merge adds five new transaction types: ConfidentialMPTSend, ConfidentialMPTConvert, ConfidentialMPTMergeInbox, ConfidentialMPTConvertBack and ConfidentialMPTClawback. It also integrates the mpt-crypto library so the network can verify the cryptographic proofs on chain. That verification covers EC-ElGamal ciphertexts, Pedersen commitments, compact sigma proofs and aggregated Bulletproof range proofs. The design goal is straightforward: keep a token balance private while still letting the ledger confirm the math holds — that supply hasn't been inflated and flows match the proofs. Merging into the develop branch isn't the same as shipping. Under the XRPL amendment process, activation requires a supermajority — more than 80% of trusted validators — to approve continuously for two weeks. Validator Vet expected a package including confidential transfers and batch transactions to reach validators for voting in mid-to-late July. A July 20 report said validators were expected to start a vote "in about two weeks." The draft introduces issuer opt-in flags, so an issuer could enable confidential circulation for specific tokens rather than the whole asset class. The ledger would still verify supply and flows through the proofs; it just wouldn't broadcast the amounts to every observer. What happens next is the validator vote. If the amendment clears the two-week supermajority threshold, the feature goes live. Until then, the code sits in the develop branch and XLS-0096 remains a draft standard. The rippled client merged support for confidential transfers on Multi-Purpose Tokens into its develop branch on June 27, putting the XRP Ledger a step closer to letting issuers hide token balances without giving up on-chain verification. The code implements XLS-0096, a draft standard published Jan. 15, and it's now waiting on validators to decide whether it ever goes live. The merge adds five new transaction types: ConfidentialMPTSend, ConfidentialMPTConvert, ConfidentialMPTMergeInbox, ConfidentialMPTConvertBack and ConfidentialMPTClawback. It also integrates the mpt-crypto library so the network can verify the cryptographic proofs on chain. That verification covers EC-ElGamal ciphertexts, Pedersen commitments, compact sigma proofs and aggregated Bulletproof range proofs. The design goal is straightforward: keep a token balance private while still letting the ledger confirm the math holds — that supply hasn't been inflated and flows match the proofs. Merging into the develop branch isn't the same as shipping. Under the XRPL amendment process, activation requires a supermajority — more than 80% of trusted validators — to approve continuously for two weeks. Validator Vet expected a package including confidential transfers and batch transactions to reach validators for voting in mid-to-late July. A July 20 report said validators were expected to start a vote "in about two weeks." That timeline would put the opening of the vote in early August, though there's no public confirmation yet that it has formally opened.What the merge actually does
The vote that decides it
What issuers would get
Five new transaction types
Activation is a two-week vote
Issuers opt in, amounts stay hidden
Five new transaction types
Activation is a two-week vote




