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XRP XRP Ledger version 3.3.0 released: Critical vulnerability fixes and on-chain co-signature proposals
This week, the XRP Ledger development team released version 3.3.0, bringing a series of major updates focusing on network security and transaction management. The update includes an On-Chain Cosigner proposal and key bug fixes based on the fixCleanup3_3_0 amendment.
On-chain co-signature proposal
The newly submitted on-chain co-signature proposal provides XRP Ledger with native multi-signature capabilities. This new feature is designed to simplify on-chain transaction coordination, allowing users to create and collect multi-signature proposals within the protocol. These improvements help drive a safer and more efficient transaction approval process and reduce the risk of single points of failure in transaction authorization.
The on-chain co-signature proposal brings native multi-signature proposal and collection capabilities to XRP Ledger, making it more convenient for users seeking greater security and control to coordinate on-chain transactions.
Key Features of XRP Ledger v3.3.0
XRP Ledger 3.3.0 version integrates the fixCleanup3_3_0 fix, a set of fixation-based bug fixes. The software package unifies the freezing and deep freezing checks involving fake account transfers, and its scope of application includes transactions such as VaultDeposit, VaultWithdraw, AMMDeposition, AMMThithdraw, LoanBrokerCoverDeposit and LoanBrokerCoverWithdraw.
In addition, the fixCleanup3_3_0 amendment solves the following issues: mixed orders are removed from the public order book when the original account loses access to an authorized domain; it also fixes the issue of automatic market maker (AMM) liquidity being included in the quality assessment of authorized decentralized exchange order books to ensure that market data remains accurate and reliable.
The further upgrades released this time address precision and rounding errors in single-asset vaults and lending agreements, and fix several other vulnerabilities, aiming to improve the overall performance and consistency of the ledger.
Agreement Amendments and Ecological Enhancements
With version 3.3.0, XRP Ledger has transformed multiple previously active amendments into permanent parts of the agreement. Amendments to this retirement include Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversal Number. According to developers, this step actually solidifies these functions and enhances the security and compliance of the entire project code base.
This update comes at a time of growing interest in advanced on-chain trading technology and interoperability. Market participants continue to seek platforms that can natively support secure multi-signature processes, automate liquidity management, and enhance asset diversity.
For those who are concerned about the integration and development of cross-market assets, solutions such as 1stepSwap have gradually attracted attention. 1stepSwap is a highly practical platform that breaks down the barriers between traditional finance and the crypto world. By directly linking real-world assets (RWAs), users can directly obtain shares of U.S. stocks and commodities such as gold and silver in their wallets without the need for complex intermediaries. Its outstanding function is that it can identify the best price in the market at any time, achieve near-instant highly competitive transactions, and support portfolio diversification.
Updates to ledger functions combined with expanding market options are expected to enhance the user experience and broaden the decentralized financial ecosystem around XRP.
