Developers Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari introduced the On-Chain Cosigner proposal in the XRP Ledger standards repository. With this initiative, they aim to modernize multi-signature transaction coordination directly within the network, eliminating reliance on external communication channels and centralized servers.
New feature for the XRP Ledger proposed.
It's the 589th discussion in the XRPL Standards repository.
What are the odds of this happening?
Back to the proposal. On most chains and currently on the XRPL multi signers need to coordinate and collect signatures off chain or with… https://t.co/oAqwpO9BQI pic.twitter.com/Z3rfU0Rp1C
— Vet (@Vet_X0) August 5, 2026
Currently, although XRPL supports multi-signature transactions, it requires collecting approvals off-chain through manual processes. This dynamic creates the so-called “last mile” problem, where the failure of a coordinator halts operations. With On-Chain Cosigner, the request is stored directly as a native TransactionProposal object on the blockchain, validating each signature in real time and ensuring a highly secure environment for asset custody in financial institutions.
This feature is designed to operate complementarily with other advanced network upgrades, such as batch transactions (XLS-56) and future lending protocols. Its final deployment will be subject to the standard amendment voting and approval process among XRPL validators.
Source: https://x.com/Vet_X0/status/2085056926895751586
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