The XRP Ledger just hit a little snag with its latest bug fix getting pushed all the way to November after some validator drama dropped support below the magic threshold.
The Fix Got Pushed Back 🕸️
This amendment called fixCleanup3_4_0 was gunning for at least 29 votes from the 35 default trusted validators to go live. Support hit the mark on Monday keeping things on pace for an October 23 launch at 09:34 UTC. Then Wednesday hit different at 12:54 UTC when only 26 validators were backing it according to the dashboard and boom the whole countdown reset. Votes climbed back to 29 by 14:46 UTC kicking off a fresh 14 day timer so XRPLWin is now eyeing November 4 at 14:46 UTC for activation. Right now support sits at 31 validators giving it some extra wiggle room.
Keep in mind the ledger needs that support locked above threshold at every 15 minute checkpoint for 14 straight days or it ghosts the whole thing back to zero. No clue yet which validators dipped out but even an offline server can tank the tally without actively voting no.
This fix bundles a ton of upgrades across Single Asset Vaults the Lending Protocol AMMs the permissioned DEX trust lines NFTs MPTs escrow signing and permission stuff.
Bigger Picture Time 🌑
The XRPL 3.4.0 release drops big code changes including the LendingProtocolV1_1 amendment that adds closed ended vaults and cash basis accounting to the native lending system. These vaults cycle through subscription investment and redemption phases while interest only counts as income when payments land. Voting is open rn with support at 54.29%.
The XRPL one bundles all that chaos into one sinister cute package fr 🦇🖤👾🎀💀🕷️🩸🌙
Just another echo from the void by iconofsin.eth 💖