XRP Ledger Turns Into 'Whales Safehouse' With New Upgrade: What It Changes for XRP Holders
- Published
The XRP Ledger activated PermissionDelegationV1_1 on Oct. 8 at ledger 107,524,865, adding a delegated-permissions setup that lets an account authorize other accounts to act on its behalf while keeping control of the permission set. The change also lets account owners keep master keys offline and assign specific functions to separate accounts, while unresolved items on the network remain in place.
Key claims & sources
What it means
Users and institutions that manage XRPL accounts now have a new delegation option available after the Oct. 8 activation, and the change is visible in the account controls they use for transaction handling. It affects holders who want other accounts to act for them while keeping the account’s own keys separate, including setups that keep master keys offline.
Before this activation, the permission model did not include this delegated-permissions setup, and now account owners can hand off transaction authority for selected actions without handing over the whole account. What stays the same is that the permission set remains under the account owner’s control, and the unresolved PaymentBurn and validator-counting issues are still present.
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Coverage timeline
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 32 days ago | Ripple Private Credit Partner Clearpool Finalizes Token Move to XRP Ledger event | 1 actors in common · 5 news media |
| 36 days ago | Three Amendments Define the Path to XRPL Lending event | 1 actors in common · 3 news media |
| 36 days ago | XRP Ledger Opens Vote on Lending Upgrade With Mainnet Activation Pending event | 1 actors in common · 2 news media |