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Altcoins & DeFi

XRP Ledger Turns On Fix for Delegated Burn Permission That Could Mint New Tokens

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An XRP Ledger amendment activated Nov. 4 strips a side effect from PaymentBurn, the permission issuers delegate so another account can burn their tokens, that in some cases let the delegate create new ones instead. The amendment, fixCleanup3_4_0 , was enabled at 14:52 UTC in ledger 108,112,129, according to amendment tracker XRPLWin. It shipped with xrpld 3.4.0 , the server release that came out on Sept. 17. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . What the Flaw Allowed Permission delegation lets one XRPL account hand specific powers to another. One of those powers, PaymentBurn , is meant to let a delegate destroy fungible tokens on an issuer’s behalf.

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