Learn the XRP Ledger

How a payment happens

Transactions, the tiny cost that gets destroyed, how the network agrees, and payments that wait.

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Lessons

  1. What a transaction isA transaction is the only way to change anything on the XRP Ledger.
  2. The tiny cost that gets destroyedEvery transaction destroys a tiny amount of XRP, and nobody receives it.
  3. How the network agreesValidators agree on each new ledger version in a few seconds, and from then on it's final.
  4. Escrow: payments that waitEscrow locks XRP or tokens in the ledger until a time passes or a condition is met.

Practice quiz

10 questions drawn at random from 20. Pass with 8 or more, and retake it as often as you like.

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Badge

Open all 4 lessons (0 so far) and pass a quiz with 8 or more out of 10 to earn the How a payment happens badge.

General information about how the XRP Ledger works, not financial, legal or tax advice.