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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