Home » XRP Ledger’s new proposal blocks the flash loan attacks costing DeFi hundreds of millions

XRP Ledger’s new proposal blocks the flash loan attacks costing DeFi hundreds of millions

XRP Ledger’s new proposal blocks the flash loan attacks costing DeFi hundreds of millions

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A draft XRPL amendment notes that flash loan attacks are “structurally impossible” on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.