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XRP Ledger loophole fix set for Nov. 4 after validator delay, XRP supply safe

XRP Ledger loophole fix set for Nov. 4 after validator delay, XRP supply safe

Photo: CoinTurk News

The XRP Ledger, a blockchain-based payment and asset issuance network, is preparing to activate a much-anticipated fix on November 4 to close a loophole that could allow certain accounts to mint new issued tokens when they should be limited to destroying them. The XRP cryptocurrency itself will remain unaffected by this update, and its supply will not change as a result of the fix. The protocol upgrade, named fixCleanup3_4_0, has drawn support from 33 out of 35 trusted validators monitored by the XRPL Dashboard. Validators are independent network participants that verify transactions and help maintain consensus across the ledger.

Source: CoinTurk News

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