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XRP Reserve Change Creating a Toothless Tiger?

Daily XRP News

A proposed change to the XRP Ledger will allow users to delete wallets and recover the required reserve XRP (Currently 20 XRP) to another wallet.

This change has the benefit of allowing users to recover the reserve, but the disadvantage of allowing malicious users to recover setup costs for the attack.

Is this sacrificing network security instead of allowing the marketplace to solve the problem?

Nik Bougalis Tweet:
https://twitter.com/nbougalis/status/1091080282592034816

XRPL Metrics:
https://xrpcharts.ripple.com/#/metrics

XRPL Dev Portal on Reserve Requirements:
https://developers.ripple.com/reserves.html

Daily XRP News
Tags : cryptocryptocurrencyRipple XRP NewsxcurrentxpoolXPRxrapidXRP Newsxrpbtcxrpeurxrpusdxvia

11 Comments

  1. That's so easily stopped by some coding where if a detection of a certain amount of accounts getting created from same ip that isnt trusted can be locked. Big institutions with trust lines wont have that code… but a standard unstrusted maybe who knows u need a validator ro create a certain number of accounts on the same ip range .. it can get really techy but its not hard to make it so that ridiculous hard and wasteful for no other reason to holt tx for 24hrs … they prob just dont explain all the coding behind it as I'd think someone up there has already thought what u did and already has something else ready to stop what ur talking about. I just dont see them explaining every nutty gritty detail to the world every change they make

  2. Can I ask a weird question? So if XRP is being used for everything that they are set out to use it for, and we all know that the Ripple team is going to do it. Look at them talk, not lambs to Lions, but Lions amongst Lions. Wouldnt you as a business want to raise the price so high that the average person can't buy it? In the time it becomes so precious. I mean if I was going to be straight up gangster about it. I've had my money taken from my hand right before i was about to buy some bread. Replaced with olive juice, in my head I'm like "what the f*$#k is olive juice". Sometimes you got to be gangsta and get that bread. Just sayin!

  3. Only thing I know is… Gangstalkers and community harassers are still TRAITORS to this country.
    No matter what they say, or the label or flag they fiy. They are Traitor Scum!

  4. SO SAM, IF U R AN AFRICAN SO I HAVE TO BE LIVING IN A VILLAGE AND UNDER A DOLLAR, U PEOPLE FROM WESTERN PART OF THE WORLD ARE "MORONS AND DELUDED AND THAT'S D REASON WE CALLED U OFFSPRING OF NEANDERTHALS CRACKERS.

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