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Ripple Quick Start Guide

You're reading from   Ripple Quick Start Guide Get started with XRP and develop applications on Ripple's blockchain

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Product type Paperback
Published in Dec 2018
Publisher Packt
ISBN-13 9781789532197
Length 160 pages
Edition 1st Edition
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Author (1):
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Febin John James Febin John James
Author Profile Icon Febin John James
Febin John James
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Toc

Sending money

Now, let's learn how to send money from a Ripple account. In order to send money, we need to accomplish three things:

  • Prepare transaction: Here we define the source address, destination address, amount to be paid, and so on.

  • Sign transaction: You need to sign the transaction cryptographically with your secret key. This proves that you own this account.

  • Submit transaction: Once you sign the transaction, you need to submit it to the Ripple network for validation. Your transaction would be only applied to the ledger when the validators approve your transaction.

Prepare transaction

We prepare the transaction by defining the structure as per the specification mentioned in Ripple API's documentation...

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