🚨$XRP Ledger has a key date coming up: Oct 5.
PermissionDelegationV1_1 has entered its 14-day activation countdown after validators began supporting it on September 21. Around 29 of 35 trusted validators are currently backing the amendment.
The key level is 80% support. If that threshold holds, the upgrade could go live on October 5.
What makes this interesting is that this isn’t the first attempt. The previous version was rejected after a community tester identified a fee-related vulnerability that could potentially be abused through failed transactions. The fix is now included in xrpld 3.3.0, with signatures verified before fees are charged.
Meanwhile, XLS-65 and XLS-66 are still waiting for the required validator support.
XLS-65 introduces Single Asset Vaults, while XLS-66 builds fixed-term lending around them, with loans, repayments and defaults handled on-chain.
So the next two weeks are worth watching closely. October 5 could mark another important step for XRPL’s permission and lending infrastructure — assuming validator support stays above the required threshold.
#xrp #ledger
PermissionDelegationV1_1 has entered its 14-day activation countdown after validators began supporting it on September 21. Around 29 of 35 trusted validators are currently backing the amendment.
The key level is 80% support. If that threshold holds, the upgrade could go live on October 5.
What makes this interesting is that this isn’t the first attempt. The previous version was rejected after a community tester identified a fee-related vulnerability that could potentially be abused through failed transactions. The fix is now included in xrpld 3.3.0, with signatures verified before fees are charged.
Meanwhile, XLS-65 and XLS-66 are still waiting for the required validator support.
XLS-65 introduces Single Asset Vaults, while XLS-66 builds fixed-term lending around them, with loans, repayments and defaults handled on-chain.
So the next two weeks are worth watching closely. October 5 could mark another important step for XRPL’s permission and lending infrastructure — assuming validator support stays above the required threshold.
#xrp #ledger
