How a payment happens
Transactions, the tiny cost that gets destroyed, how the network agrees, and payments that wait.
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Lessons
- What a transaction isA transaction is the only way to change anything on the XRP Ledger.
- The tiny cost that gets destroyedEvery transaction destroys a tiny amount of XRP, and nobody receives it.
- How the network agreesValidators agree on each new ledger version in a few seconds, and from then on it's final.
- 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.
Badge
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General information about how the XRP Ledger works, not financial, legal or tax advice.