XRP Ledger retries PermissionDelegationV1_1 upgrade after fixing critical flaw
- —The upgrade entered a 14-day countdown on Sept. 21 with 29 of 35 validators backing it
- —Activation is possible on Oct. 5 at 11:18 UTC if support stays at or above 80%
- —Each delegate can receive up to 10 permissions that the main account can revoke
- —The fix in xrpld 3.3.0 prevents fees from being charged before signature verification
Why it matters: The upgrade lets banks and stablecoin issuers split payment and compliance duties, potentially accelerating institutional adoption of the XRP Ledger.
Source: CoinDesk