XRP Ledger Bug Fix Moved to November After Validator Support Dipped for Two Hours
Validator support briefly fell below the required supermajority, resetting the countdown for the fixCleanup3_4_0 amendment and delaying activation until Nov. 4, trackers said.
- A two-hour dip in validator support pushed the XRP Ledger's latest bug fix back to November 4, as the update requires 14 days of sustained majority approval to activate.
- Changing network rules requires backing from more than 80% of 35 trusted validators, equaling 29 votes; support briefly fell to 26 on Wednesday, causing the mandatory countdown to reset.
- Support has since climbed to 31 of 35 validators, providing two votes of buffer and moving the projected activation to 14:46 UTC on November 4, according to XRPL Dashboard.
- Investors are monitoring the ledger's technical milestone while XRP price dropped 2% over 24 hours, as over $220 million in crypto long positions were liquidated, pressuring the token near $1.30.
- This patch closes a loophole allowing accounts to create tokens under specific conditions, according to release notes, while Ripple's lending system will be updated to determine when loans are in default.
13 Articles
13 Articles
XRPL recovers from network slowdown as critical security upgrade faces two-week delay
The XRP Ledger (XRPL) has recovered from intermittent transaction-processing delays, although developers are still preparing a permanent software correction. On Oct. 22, XRP Ledger Operations confirmed that ledger-closing times had returned to normal after a configuration change recommended to network operators. The disruption coincided with a separate setback for a protocol amendment designed to correct… Read the full story on CryptoSlateUnders…
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