XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millions
Hex37's read
- XRP Ledger (XRPL) proposes an amendment to block flash loan attacks.
- The proposal makes flash loan attacks structurally impossible on XRPL.
- This architectural feature protects XRPL from exploits costing DeFi billions.
What it means for traders
- XRPL's inherent security against flash loans could attract DeFi projects seeking safety.
- This could lead to increased adoption and potential price appreciation for XRP.
Affected markets
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