A significant security vulnerability was detected in the batch amendment process of the XRP blockchain network, known as the XRP Ledger. This flaw affected the signature validation mechanism and was uncovered by an AI-based tool, NS3.AI, during a voting session, enabling timely intervention. Due to this vulnerability, wallets on the network were at risk of potential hacker attacks. Validators were promptly instructed to reject the amendment to safeguard users’ funds. Such amendments are typically introduced to enhance the blockchain’s standards and performance, but any flaw can pose a threat to network security. Developed by Ripple, the XRP Ledger is an open blockchain protocol aimed at providing fast and low-cost international financial transactions. Amendments are approved or rejected through voting to ensure the platform’s security and stability. The swift identification and prevention of this flaw played a crucial role in maintaining user confidence. Although the issue has been largely contained, it underscores the ongoing security challenges blockchain networks face and highlights the need for advanced technology and rapid response measures to protect network integrity and user assets in the future.
Source: binance
