Ledgers Build Native Key Delegation for Issuers

Public ledgers will keep adding native, scoped permission delegation so regulated token issuers can keep master keys offline and hand narrow operating powers to separate accounts. Each new permission layer brings privilege-escalation flaws, which leads to staged activations, explicit 'don't delegate this yet' guidance and follow-up amendments. Custody design moves from external wallet tooling into protocol-level account models.

weakening · confidence 24 · Emerging (watchlist) · tracking since October 9, 2026 · updated October 12, 2026

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Oct 11 · 26Oct 12 · 24

Now 24 · -2 since Oct 11 · ranged 24 to 26

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Why the conviction moved

Oct 9
Strengthened
The XRP Ledger activated delegated permissions: an account can grant up to 10 narrow powers, such as approving customers or sending payments, to other accounts. Developers warn against delegating token burns until a separate fix closes a flaw that could let delegates create tokens.

Source trail

Supporting · October 9, 2026
XRP Ledger Activates Delegated Permissions So Issuers Can Keep Master Keys Offline
The XRP Ledger activated delegated permissions: an account can grant up to 10 narrow powers, such as approving customers or sending payments, to other accounts. Developers warn against delegating token burns until a separate fix closes a flaw that could let delegates create tokens.
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