Xumm, the self-custodial wallet developed by XRPL Labs, is poised to introduce the groundbreaking CTID feature in conjunction with the latest release of the XRP Ledger, rippled 1.12. Wietse Wind, the mastermind behind Xumm and founder of XRPL Labs, shared this exciting development with the community, heralding an era of streamlined and user-friendly transaction identification.
CTID: Simplifying Transaction Identification
The Concise Transaction Identifier (CTID) marks a substantial leap forward in the realm of transaction identification within the XRP Ledger (XRPL). Wind explained that CTID is a concise yet highly effective alternative to the lengthy transaction hashes of the past. CTID encapsulates essential network ID information and is significantly shorter, making it easier to work with. This revolutionary identifier will enhance the user experience for Xumm users, particularly when employing a network explorer or sharing transaction links.
Pinpoint Accuracy and Enhanced Accessibility
CTID empowers Xumm to precisely select the appropriate explorer and network for each transaction. This means that users can navigate the XRPL ecosystem with pinpoint accuracy and ease. It’s a pivotal step toward making XRPL transactions more accessible and user-friendly, reducing the complexity associated with transaction identification.
Bithomp Leads the Way
Wind also confirmed that Bithomp, one of the XRPL’s most prominent explorers, is already fully compatible with the CTID feature. This compatibility ensures that users can seamlessly integrate CTID into their XRPL experience from the get-go.
CTID: More Than Just Reporting
Wind emphasized that CTID serves a purpose beyond reporting. It represents a unique reference to a transaction, offering a stark departure from the old, unwieldy transaction hash format that lacked crucial network information. This innovation simplifies transaction information retrieval for wallets and, ultimately, elevates the user experience.
Responding to community inquiries about the potential inclusion of Automated Market Makers (AMMs) on Xumm, Wind assured users of Xumm’s commitment to being feature-complete in terms of signing. While Xumm’s ethos revolves around simplicity, they remain open to easy integration with AMM-specialized platforms in the future.
Unveiling CTID: A Collaborative Effort
The introduction of CTID on the XRPL stems from collaborative efforts within the XRPL community. Richard Holland, a Hooks developer and CTO at XRPL Labs, and Ryan Molley, the founder of Crossmark, proposed the CTID feature. CTID’s integration with rippled 1.12.0 ushers in a standardized approach to transaction uniqueness across various XRPL-based networks.
The Anatomy of CTID
CTID comprises four key components: an initial “C,” a ledger index, a transaction index, and a network ID. These components, represented in hexadecimal form, combine to create a 16-character transaction ID (e.g., C4EF514900120000). By including the network ID within CTID, the risk of collisions between multiple networks is eliminated, ensuring precise transaction identification.
In summary, CTID represents a remarkable stride towards enhancing user-friendliness and accessibility within the XRPL ecosystem. As Xumm prepares to integrate this groundbreaking feature, the broader XRPL community eagerly anticipates a more seamless and efficient transaction experience. CTID stands as one of the highlights accompanying the latest XRPL version, rippled 1.12, alongside other notable additions like Clawback and AMM functionality.