A Quick Fix: Ripple Patches Major Issue That Could Threaten XRP Users On The Ledger

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The XRP Ledger has received a quiet but important update, as developers moved quickly to resolve a vulnerability that had the potential to affect server infrastructure on the network. A recent announcement revealed that Ripple released Rippled Version 3.1.2, which is a new update for the XRP Ledger server software.

The release of Rippled version 3.1.2 comes shortly after concerns came up around a newly introduced feature, which, in turn, led to a quick response in order to protect users of the XRP Ledger.

Ripple Patches Major Issue

According to the announcement from the XRP Ledger website, the issue traces back to the Batch amendment, a feature that was introduced to expand transaction capabilities on the XRP Ledger. Early implementation of the amendment exposed a flaw that could lead to unintended issues under certain edge conditions.

Developers identified that the security issues, in the worst-case scenario, could cause the servers to crash or restart. This placed added pressure on the XRP Ledger team to act quickly, and the fix was developed in collaboration with the team at RippleX. 

Keeping server infrastructure stable is important, especially as the XRP Ledger network continues to grow in both usage and complexity. Therefore, if Rippled users do not upgrade to the new version, they may continue to experience restarts or outages.

The latest patch is the third release in a rapid succession of updates that came from a significant bug discovered in Rippled 3.1.0. That original version introduced the XRPL Batch amendment, which contained a flaw severe enough to allow an attacker to execute inner transactions on behalf of arbitrary victim accounts without their private keys. 

The payment firm initially responded to that vulnerability with an emergency release of version 3.1.1, which marked both Batch and fixBatchInnerSigs as unsupported, preventing activation. 

CTO Responds As Debate Around XRP Sales Resurfaces

As Ripple moves to stabilize its network infrastructure, the company is also contending with questions over its XRP funding model. Particularly, Ripple CTO emeritus David Schwartz recently addressed criticism regarding the company’s XRP sales following comments on the social media platform X from crypto commentator Zach Rynes.

Crypto commentator Zach Rynes, known on X as @ChainLinkGod, questioned Ripple’s practice of selling XRP to fund operations. According to him, this arrangement of XRP purchases makes it so that retail investors indirectly subsidize the company’s corporate growth. This proposition led to a direct response from David Schwartz, who challenged the logic of the argument.

According to Schwartz, the logic behind the criticism does not apply. Going by that logic, one could just as easily claim that Ripple’s XRP sales actually benefit investors trying to profit from holding the token.

Featured image from Freepik, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.