XRPL Labs has launched tests of XUMM Wallet 2.4.0, the new version of its non-custodial wallet application that features pathfinding, one of the most-wanted functionalities.
On January 16, 2023, Wietse Wind, the developer of XPRL Labs, announced in a tweet the current status of the release of XUMM Wallet 2.4.0. This mobile application had been originally developed to provide owners of XRP, the official cryptocurrency of the XRP Ledger, with a solution for convenient and secure asset management and transactions.
XUMM Wallet has already gained popularity as it offers convenient decentralized exchange, supports multiple signatures, provides interoperability with other platforms and wallets compatible with the Interledger Protocol and offers advanced security based on the XUMM Tangem cards.
Now it's time for a new feature to boost the performance of the wallet app. The "big release" promised by XRPL Labs is to enable pathfinding. In other words, the wallet will be able to find the most cost-effective route to manage transactions across multiple currencies and networks. The strong contrast between the processing times and transaction fees of some currencies and networks makes pathfinding essential for transaction optimization.
Wietse Wind notes in his tweet, "A funny (and sad) fact is that this specific feature is part of the XRP Ledger for a long time and never really got the love it deserves." He also explains pathfinding in action, "The retailer wants you to pay, e.g.,20 USD. You can pay with anything."
The XUMM Wallet team's current plan is to refrain from building a desktop client for security reasons. It is easier to perform a hacking or malware attack on a desktop environment. In addition, a desktop client also lacks Face ID and Touch ID, which are commonly used for advanced protection.