XRP Ledger Foundation clarifies queries over security fixes: No new XRP was minted, supply remains fixed.
1 hours ago
The XRP Ledger Foundation (XRPLF) took to social media to clarify questions and misunderstandings surrounding the recent security fix for xrpld 3.4.1. The foundation explicitly stated that the vulnerability patched in this update did not cause XRP inflation. The total supply of XRP has been fixed at 100 billion tokens since the ledger’s launch, with no transaction able to create additional tokens. The vulnerability was a loophole that bypassed relevant rules, fixed in version 3.4.1 two weeks ago. All ledger data is fully public: roughly 99.986 billion XRP is currently in circulation (it is deflationary due to fee destruction), and both the community and foundation have continuously verified the supply, finding no anomalies. The vulnerability required hundreds of deliberately constructed operations to trigger, making it inaccessible to regular payments. It was discovered via AI by Cayden Liao and Veria AI, who reported it responsibly. To avoid exposing the attack surface during amendment voting after the public fix, XRPLF, RippleX, core developers, and validators prioritized distributing the patch to default UNL validators via social consensus, then released the public binary on September 25. The 3.4.1 version will later be made mandatory through standard amendment voting (requiring over 80% support for two consecutive weeks). The foundation added that it will further strengthen formal verification, AI adversarial testing, and its bug bounty program.
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