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XRPL's emergency closed-source update sparks debate over transparency and decentralization ahead of Oct 9 activation

Market News
09 Oct 2026
Coinpaper
View Source
Bearish
XRPL's emergency closed-source update sparks debate over transparency and decentralization ahead of Oct 9 activation

XRPL developers released an emergency software update (version 3.4.1) in late September to fix undisclosed security vulnerabilities, temporarily withholding the source code to prevent attacks. Operators were urged to upgrade before the Oct 9 activation, after which non-upgraded servers risk being blocked from network consensus. Critic Justin Bons argues this closed-source fix contradicts blockchain transparency and claims XRPL operates like a permissioned Proof-of-Authority system due to reliance on recommended validator lists by Ripple and the XRP Ledger Foundation. However, XRPL developers emphasize the measure is temporary and that anyone can run validators, maintaining a decentralized architecture. The update coincides with broader XRPL protocol enhancements, including batch transactions and delegated permissions.

As of Oct 09, 2026 17:21 WIB, XRP trades at Rp24.965 on Pluang, down 1.29% in the last day. Its market cap stands at Rp1.579,39 trillion with a 24-hour trading volume of Rp71,88 trillion. Despite the controversy over decentralization claims, XRP sees a strong buy interest on Pluang, with 69% of order activity on the buy side and typical hold times of 72 days, indicating steady investor engagement.

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