The events of April 26, 2024, on the Litecoin ($LTC) network became a clear lesson for the industry. A zero-day bug in the MWEB privacy module led to a three-hour chain reorganization and a loss of $600,000 in the NEAR Intents protocol.
Commenting on the incident, a leading $XRP Ledger contributor and dUNL validator known as Vet explained why such a scenario is technically impossible within the XRPL architecture.
How $XRP prevents the zero-day attack seen in Litecoin
According to the expert, the main issue with Litecoin and Bitcoin lies in the probabilistic nature of transaction finality. In PoW networks, security directly depends on the market price of the asset. If the price drops, it becomes less profitable for miners to secure the network, and the cost of a 51% attack decreases. In the case of $LTC, attackers used a DDoS attack on honest miners to force nodes to accept a "longer" but invalid version of the blockchain.
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