XRP Ledger Deploys Fix for Token-Minting Bug
The XRP Ledger has activated a fix for a bug that could have allowed unauthorized minting of issued tokens, according to Cointelegraph. The patch closes a potential security gap on the network. Issued tokens are assets other than XRP that live on the ledger.
The XRP Ledger has switched on a fix for a bug that could have opened the door to unauthorized minting of issued tokens. Cointelegraph flagged the update, saying the fix is now active. The issue involved tokens issued on the ledger, not XRP itself.
Issued tokens on the XRP Ledger are assets created by accounts on the network. A bug that allows unauthorized minting would threaten the supply controls that make those tokens trustworthy. The fix is meant to slam that door shut.
The update lands on a network that has been running for more than a decade. XRP Ledger is known for fast, low-cost transactions and a built-in decentralized exchange. Security fixes are closely watched on public blockchains because a flaw can ripple across holders and markets.
Cointelegraph did not say in the update whether the bug was exploited before the fix went live. It also did not name the parties who discovered or activated the patch. For now, the fix is live.
TopicsXRP Ledger · XRP · Cointelegraph
Written by Paparazzi with AI. Not financial advice.
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