Digital asset expert and XRP enthusiast WrathofKahneman has come out to debunk claims of a new backdoor in the XRP Ledger and its effect on the XRP price. This comes in light of a rumor circulating about “secret amendments” in the XRPL. 

Ripple, the company behind XRP, recently introduced a “Clawback” amendment to the XRP Ledger, which would allow issuers to maintain control over their issued assets.

Background Of The Rumor

Rumors are very rampant in the crypto industry, and the XRP Ledger has emerged as the latest victim. Developers recently introduced an XLS-39d Clawback mechanism in the XRP Ledger which would allow issuers to regain funds from a trustline in case of malicious activity. This feature has caused confusion and rumors about whether it applies to the XRP price.

A controversial rumor originated from a social media post by Lewis Jackson, another XRP enthusiast, who claimed the recent changes in the XRPL contained a secret clause that makes “The BuyBack” possible. However, Jackson provided no detailed explanation of his claim. 

In response, WrathofKahneman disputed the allegation, saying the XLS-39d proposal would only apply to issued assets with trustlines, not the native XRP. XRP is open and permissionless, and Ripple has no special privileges or control over the XRP Ledger.

“If someone tells you there are secret XRPL amendments, they are deceiving you,” WrathofKahneman said in the tweet. 

Bitcoinist

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