XRP Ledger Turns Into 'Whales Safehouse' With New Upgrade: What It Changes for XRP Holders
The XRP Ledger has officially activated the “PermissionDelegationV1_1” amendment. Network validators confirmed the EnableAmendment transaction in ledger 107,524,865, and developers have already begun testing the first operations. Notably, this technical debut will go unnoticed by millions of retail investors: their personal wallets will continue to operate as before. Instead, this update effectively turns the XRP Ledger into a secure “whales safehouse” built for big capital. Transaction receipt confirming the activation of the PermissionDelegationV1_1 amendment on the XRP Ledger, Source: XRPScan In essence, Permission Delegation is a specialized security tool designed to meet the stringent standards of large businesses and traditional finance (TradFi). The feature allows the owner of a large account to grant a third-party account (a delegate) up to 10 strictly limited permissions. For example, a delegate can be authorized to make routine payments or approve trust lines. The key feature is key isolation. The delegate signs transactions using its own keys, while the master key controlling the primary wallet with its million-dollar balances remains completely secure, either offline or in cold storage. Permissions can be revoked at any second, and delegating critical functions, such as changing the master keys, is technically impossible. Who needs a “vault for whales” on XRPL, and why? For ordinary









