- XRPL throughput is currently below capacity, and expected FED rate hikes are projected to negatively impact XRP.
- XRPL competes in tokenization and payments.
XRP Ledger Bug Could Have Allowed Creation of XRP Coins
What happened
A math error in the XRP Ledger, dating back to around 2015, could have allowed an attacker to create spendable XRP out of thin air. The flaw occurred because the ledger used a 64-bit counter that did not check for overflow when totaling XRP owed. A researcher and an AI security tool found the issue, and developers patched it two weeks earlier. No XRP was created, and no funds were lost.
From memeburn.com
Why it matters
The bug related to the ledger's calculation method, which is designed to ensure the total supply of XRP remains capped at 100 billion coins. This flaw represents a fundamental vulnerability in the foundational technology of the token.
The XRP Ledger competes in tokenization and payments, and its throughput is currently below capacity.
From memeburn.com
Who's involved
- RippleCreator and developer of the Ripple payment protocol and exchange network.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- RippleSpeculative
Ripple could face operational risk related to the discovery of a fundamental supply cap flaw in the foundational technology.