Mastering Blockchain - Second Edition

Ledger layer

This layer contains protocols that enable communication and execution of payment transactions between connectors. Connectors are basically objects that implement the protocol for forwarding payments between different ledgers. It can support various protocols such as simple ledger protocol, various blockchain protocols, legacy protocols, and different proprietary protocols.

Ripple connect consists of various Plug and Play modules that allow connectivity between ledgers by using the ILP. It enables the exchange of required data between parties before the transaction, visibility, fee management, delivery confirmation, and secure communication using transport layer security. A third-party application can connect to the Ripple network ...