XRP Ledger to ship bug-fix patch Oct. 23, but Ripple's lending system still short of votes
- —fixCleanup3_4_0 holds exactly 29 of 35 validator votes and is on track for Oct. 23
- —Lending and vault amendments have 19 and 21 votes; neither has started its two-week countdown
- —The patch closes a loophole letting burn-only accounts create tokens under some conditions
- —It also revises vault rounding and rules for when a loan is late or in default
Why it matters: Ripple's uncollateralized lending for banks and payment firms cannot go live before early November even if both amendments pass.
Source: CoinDesk