XRP Ledger Nears Oct. 23 Upgrade as Lending Votes Fall Short

The XRP Ledger is heading toward an Oct. 23 software upgrade that fixes a peculiar security flaw, one that could let certain authorized accounts create tokens instead of destroying them. Meanwhile, its long-awaited native lending system remains stuck awaiting approval. The XRP Ledger (XRPL) is preparing to activate fixCleanup3_4_0 at approximately 09:34 UTC on Oct. 23, provided validator support holds above the required 80% threshold. The amendment secured its supermajority on Oct. 9, starting a mandatory two-week countdown. By mid-October, approximately 26 to 29 validators out of 32 to 35 supported the change, according to the supplied XRPSCAN amendment tracking. There’s a catch. If support slips to 80% or lower before activation, the countdown resets. The amendment must then maintain sufficient backing for another uninterrupted two weeks.

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