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Ripple Quick Start Guide

You're reading from  Ripple Quick Start Guide

Product type Book
Published in Dec 2018
Publisher Packt
ISBN-13 9781789532197
Pages 160 pages
Edition 1st Edition
Languages
Author (1):
Febin John James Febin John James
Profile icon Febin John James

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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