Cryptonews XRP Kuwait Responds to Centralization Claims After Urgent Network Fixes
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- •XRP Kuwait addressed centralization accusations after an emergency update.
- •A critical vulnerability in the payment engine was present since 2015.
- •No funds were lost, and all affected servers were blocked from synchronization.
XRP Kuwait has issued a rebuttal to accusations of centralization following an emergency update to the XRP Ledger. This update, prompted by a critical security vulnerability in the payment engine, required immediate action to prevent unauthorized coin generation. The vulnerability, which involved an integer overflow, had been present since 2015 and was addressed with the release of xrpld 3.4.1. Critics questioned the independence of the network's validators due to the coordinated nature of the update, which bypassed standard governance procedures. A second patch was also implemented to fix a vulnerability in the Batch mechanism, preventing potential consensus disputes. The XRPL Foundation confirmed that no funds were lost and that all affected servers were blocked from synchronization. The situation has sparked significant debate within the crypto community regarding the governance and independence of the XRP Ledger.
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