XRP Ledger initiates upgrade for account permission delegation
The XRP Ledger has begun a 14-day countdown for the PermissionDelegationV1_1 upgrade as of September 21, following support from 29 of 35 trusted validators. If support remains above 80%, the upgrade is expected to activate on October 5 at 11:18 UTC. This feature allows accounts to delegate specific roles, such as payment authorization or compliance checks, while keeping master keys offline. This is a revised version of a previously proposed feature that was delayed due to a security vulnerability involving fee-draining attacks, which has now been addressed in the xrpld 3.3.0 release.
Summaries are written by AI from the original article. Not investment advice.