Overview
- XRP Ledger deployed version 3.2.0 on Monday to fix numerical errors and unexpected behavior in xrpld, the validator software that runs consensus and transaction processing.
- Blockchain security firm Common Prefix modeled key XRPL components and found the edge cases in xrpld that prompted the fixes and the live update.
- Common Prefix has agreed to maintain the Payment Engine specification, the formal rulebook that governs how value moves on the ledger including multi-currency payments and decentralized exchange operations.
- Formal verification will expand to the Single Asset Vault proposal (XLS-65) and the Lending Protocol (XLS-66), using machine-checked proofs to test custody and borrowing rules before those features reach the network.
- The announcement produced about a 3.6% intraday price uplift for XRP and renewed community debate over Ripple’s monthly escrow releases and its practice of re-locking unused tokens, and developers warn further patches and spec updates can be expected as DeFi features are added.