XRP’s security is being questioned once again. Is it time to bet on a price drop?
A vulnerability that had gone unnoticed for nearly 11 years could have allowed attackers to create XRP out of thin air, then transfer, trade, and convert the tokens into cash as usual. XRP has a maximum supply of 100 billion units! If someone had actually exploited this flaw, wouldn’t that supposed limit have become a joke? $ETH
Even more absurdly, the vulnerability involved an integer overflow in the payment mechanism, and even the security check specifically designed to prevent tokens from being created out of thin air failed to detect it. However, the flaw was fixed on September 25, and so far there’s no evidence that it was exploited on the mainnet. $MAGIC
But in Sister You’s opinion, this news still isn’t enough to justify betting on a drop in XRP’s price. Even so, it does raise questions about the asset’s security. After all, if it took nearly 11 years to discover one vulnerability, how many others have yet to be identified?
A vulnerability that had gone unnoticed for nearly 11 years could have allowed attackers to create XRP out of thin air, then transfer, trade, and convert the tokens into cash as usual. XRP has a maximum supply of 100 billion units! If someone had actually exploited this flaw, wouldn’t that supposed limit have become a joke? $ETH
Even more absurdly, the vulnerability involved an integer overflow in the payment mechanism, and even the security check specifically designed to prevent tokens from being created out of thin air failed to detect it. However, the flaw was fixed on September 25, and so far there’s no evidence that it was exploited on the mainnet. $MAGIC
But in Sister You’s opinion, this news still isn’t enough to justify betting on a drop in XRP’s price. Even so, it does raise questions about the asset’s security. After all, if it took nearly 11 years to discover one vulnerability, how many others have yet to be identified?