XRP amendments
Escrow and payment channels: amendment family
Time-bound, conditional and programmable payment flows. Payment channels remain a separate protocol mechanism.
Features in this family
Time-bound, conditional and programmable payment flows. Payment channels remain a separate protocol mechanism. These features can have different activation states. A family groups related protocol changes; it is not a single voting unit.
Escrow
Locks XRP until a specified time or cryptographic condition is met, with separate creation, completion and cancellation transactions.
TokenEscrow
Extends escrow beyond XRP to supported trustline tokens and multi-purpose tokens, subject to the applicable issuer and token controls.
SmartEscrow
Proposes programmable escrow-release conditions using WebAssembly execution, extending the existing time and cryptographic escrow conditions.