XRP Ledger Bug Could Have Allowed Creation of Extra XRP, Fixed After 10 Years
(3 hours ago) · 1 source · Summarized by CryptoBipto
A bug in the XRP Ledger that reportedly existed for approximately 10 years could have allowed the creation of XRP beyond the fixed 100 billion token supply. The vulnerability has been identified and fixed. The bug was not exploited before it was patched.
WHY IT MATTERS
One of the key promises of many cryptocurrencies is a fixed or predictable supply — similar to how there is a limited amount of gold on Earth. For XRP, that number is 100 billion tokens, all created when the network started. A bug that could have allowed someone to create extra XRP would be like discovering a flaw in a gold vault that let someone secretly add counterfeit gold bars. If exploited, it could have diluted the value of every existing XRP token. Think of it like a company secretly printing extra shares of stock — each existing share becomes worth less. The bug was fixed before anyone used it, but the incident is a reminder that even well-known blockchain networks can have hidden software flaws that take years to find.
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- beincrypto.com
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