XRP Ledger upgrade enters 14-day countdown — What happens on Oct. 5?
Ripples XRP Ledger has two big upgrades in motion! One is almost live. The other still needs votes. Heres what you need to know. PermissionDelegationV1_1 to go live on October 5? PermissionDelegationV1_1 started a 14-dayactivation countdown on September 21. About 29 of the 35 trusted validatorsare backing it. If it gets 80%support or higher, it will go live on October 5, according to the live amendment dashboard. But if it drops below 28validators, then the whole situation changes. Source: XRPL Dashboard But what is it about? Splitting authority by job; the same way banks already separate payments from compliance. A stablecoin issuer could let an online compliance system approve token holders while its master keys stay offline. An operations account could send payments, but it could not change keys or grant access to anyone else. Each delegate gets up to 10 permissions, and this can be edited or revoked anytime. This is the second time it is being tried. The first version checked permissions before signatures, but some failed transactions still charged fees. An attacker could have spammed high-fee submissions, and this will allow them to drain someones XRP. A community tester caught it on September 15, and this led to validators rejecting it, and because of this, it did









