PANews, October 12: The XRP Ledger Foundation has issued a clarification addressing recent questions surrounding the security patch for the XRP Ledger. First, the vulnerability did not create any new XRP. The total supply of XRP was fixed at 100 billion upon the ledger’s launch, and no transaction can mint additional tokens. This vulnerability previously allowed circumvention of this rule but was patched in version 3.4.1 (approximately two weeks ago). All ledger data is publicly verifiable, and approximately 99.986 billion XRP currently exist. Regarding why the vulnerability was not detected sooner, the Foundation noted that ordinary payment transactions are far too infrequent to trigger it; hundreds of deliberately crafted operations would be required. AI has enabled both malicious actors and security researchers to identify such vulnerabilities more quickly. Moving forward, the Foundation will enhance formal verification, conduct AI-driven adversarial testing, strengthen collaboration with security researchers, and expand its bug bounty program.
The XRP Ledger Foundation Clarifies Misunderstandings Regarding the Security Patch: No XRP Inflation
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Summary
The XRP Ledger Foundation has clarified recent confusion regarding a security breach, confirming that no XRP inflation data was compromised. The vulnerability, patched in version 3.4.1, did not generate any new tokens. The fixed supply of 100 billion XRP remains unchanged. Exploiting the vulnerability required complex, deliberate actions and was difficult to detect. AI tools assisted in identifying the issue. The foundation plans to enhance formal verification, adversarial testing, and bug bounty programs.
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