$XRP nearly created billions of dollars’ worth of XRP due to a bug that had lain dormant in the code for over 10 years.
The XRP Ledger engineering team has just patched a bug that had existed in the system’s core for more than a decade. If exploited, the bug could have created an amount of XRP exceeding the fixed maximum supply of 100 billion coins.
CoinDesk, KuCoin News, and TokenPost all reported that the bug was discovered and patched before anyone could actually exploit it. No XRP was created beyond the planned supply, and no wallets lost funds.
The price of XRP barely moved after the news, slipping just 0.6% over 24 hours. The market sees this as a bug that was caught in time, not an ongoing incident.
XRP’s fixed supply has long been advertised as completely transparent. A bug lying dormant for over 10 years in that very mechanism shows that transparency on paper and security in code are two different things.
Personal observation, not investment advice
#XRP #Crypto #CryptoNews #Security
Support me by placing your trade through this link 👇
The XRP Ledger engineering team has just patched a bug that had existed in the system’s core for more than a decade. If exploited, the bug could have created an amount of XRP exceeding the fixed maximum supply of 100 billion coins.
CoinDesk, KuCoin News, and TokenPost all reported that the bug was discovered and patched before anyone could actually exploit it. No XRP was created beyond the planned supply, and no wallets lost funds.
The price of XRP barely moved after the news, slipping just 0.6% over 24 hours. The market sees this as a bug that was caught in time, not an ongoing incident.
XRP’s fixed supply has long been advertised as completely transparent. A bug lying dormant for over 10 years in that very mechanism shows that transparency on paper and security in code are two different things.
Personal observation, not investment advice
#XRP #Crypto #CryptoNews #Security
Support me by placing your trade through this link 👇