XRP Ledger’s Latest Fix Pushed to November After Voting Setback

The XRP Ledger’s latest bug fix has been delayed until November after validator support briefly fell below the required threshold, just two days before its planned launch. The amendment, called fixCleanup3_4_0, needed at least 29 votes from the 35 validators trusted by default to activate. Support reached that level on Monday, which kept the upgrade on track for an expected October 23 launch at 09:34 UTC. But that changed on Wednesday. At 12:54 UTC, only 26 validators were voting in favor, according to the XRPL Dashboard. That was enough to reset the entire approval process. The vote count recovered to 29 by 14:46 UTC, starting a new 14-day countdown. XRPLWin now lists November 4 at 14:46 UTC as the expected activation time. Support has since increased to 31 validators, thereby giving the amendment a little more breathing room than it had during its first attempt. It is important to note that the XRP Ledger requires support to remain above the threshold at every checkpoint, which takes place roughly every 15 minutes. That support must hold for 14 consecutive days. Even a brief dip can send the process back to the beginning. Neither XRPL Dashboard nor XRPLWin has identified which validators stopped counting toward approval. A validator does not have to actively vote against an amendment to affect the tally. If its server goes offline or restarts at the wrong time, its vote may not count at a checkpoint. Meanwhile, the amendment in question bundles fixes across several parts of the network, including Single Asset Vaults, the Lending Protocol, automated market makers, the permissioned decentralized exchange, trust lines, NFTs, MPTs, escrow, transaction signing, and permission delegation. The XRPL 3.4.0 server release introduces significant code changes, including the LendingProtocolV1_1 amendment. This proposed upgrade adds closed-ended vaults and cash-basis accounting to the upcoming native lending system. These vaults move through subscription, investment, and redemption phases, while interest is recorded as income only when loan payments arrive. It is currently open for voting, and validator support currently stands at 54.29%. The post XRP Ledger’s Latest Fix Pushed to November After Voting Setback appeared first on CryptoPotato.