December 2018
Beginner to intermediate
564 pages
17h 34m
English
Content preview from Blockchain Developer's Guide
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Transactions
Transactions are created by the Ripple network nodes in order to update the ledger. A transaction is required to be digitally signed and validated for it to be part of the consensus process. Each transaction costs a small amount of XRP, just like Gas in Ethereum. There are various types of transactions in Ripple Network: payments related, order related, and account related.
There are also various developer APIs available in the Ripple network to work with the transactions and payments, along with integration on RippleNet. Interledger works with RippleNet to enable compatibility with different networks. The following diagram depicts what a block consists of in a Ripple network transaction:
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