XRP Ledger is set to fix its lending code before anyone can use it
Validators have a bug-fix patch on course to go live Friday. The lending system it partly repairs is still 10 votes short of approval.
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Summary
- A package of XRP Ledger bug fixes is expected to take effect around 09:34 UTC on Oct. 23 after securing the minimum 29 validator votes required for approval.
- The fixes address Ripple’s proposed uncollateralized lending system, which remains inactive because its lending and vault amendments have only 19 and 21 votes, respectively.
- The package also closes a loophole that could allow certain accounts to create tokens despite having permission only to destroy them, while revising vault rounding and loan-default rules.
