Behold, the XRP Ledger (XRPL) – a realm of digital alchemy – found itself ensnared in a tempest of peculiar happenings, courtesy of BitGo’s wallet, which behaved with the unpredictability of a madman in a cathedral. Blockchain sages and mere mortals alike pondered the arcane forces at play, their brows furrowed like the creases of a parchment soaked in confusion.
What transpired? Let us unravel this tapestry of folly.
Failed Transactions: The Plague of the XRP Ledger
For days, the XRPL witnessed a surge of activity from BitGo’s “Initialization Wallet,” a vessel of chaos tasked with activating the Evernorth address. This wallet, it seems, had a penchant for auto-generating new XRP addresses, as if possessed by a rogue spirit. 🧙♂️
Lmao turns out BitGo just had a rogue script and now spams the ledger with failed transactions.
Because their account ran out of XRP .
Devs made infinite while loops
– Vet (@Vet_X0) November 11, 2025
Each new account demanded a meager one XRP to awaken. But when the wallet’s coffers hit zero, it persisted, a tragic hero in a loop of futility, sending endless payments that crumbled into dust. 🧱
The result? A deluge of “UNFUNDED PAYMENT” failures, a cacophony of digital despair. In mere days, 11,000 new XRP accounts sprouted like weeds, their existence a testament to the absurd. 🌱
XRPL Validator Vet: The Cassandra of the Ledger
Vet, the XRPL dUNL validator, sounded the alarm with the fervor of a prophet. “BitGo’s rogue script spams the ledger,” he declared, his voice echoing through the blockchain. “Their account ran out of XRP! The devs, oh the devs, they crafted infinite while loops!” 😂
In prior musings, Vet had mused that BitGo’s recent surge in account creation and transactions hinted at a tale worth telling. A tale of hubris, perhaps? Or a comedy of errors? 🎭
BitGo’s Response: A Tale of Redemption or Further Madness?
BitGo, ever the quick-witted jester, thanked Vet for the heads-up and vowed to investigate. “Our Initialization Wallet is back, creating more wallets after receiving funds,” reported a crypto scribe. “Not an accident, I wager. The job is not yet done… for what lies ahead?” 🧠
BitGo Initialization Wallet (Self-custody) is back in business and creating more wallets after receiving funds. I’m thinking not an accident. Need to finish the job for whats coming????
– XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets) November 12, 2025
This debacle serves as a cautionary tale: even the mightiest scripts may falter, and a single rogue line of code can turn a blockchain into a stage for chaos. 🌀
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2025-11-12 14:44