Crypto learning lab
How Ripple / XRP Ledger Works
Click through a simplified XRP Ledger payment and watch servers relay a signed transaction, validators compare proposals, consensus closes the ledger, and final balances update without mining.
XRP Ledger consensus explained in simple steps
This demo is educational and simplified. XRP Ledger is not mined like Bitcoin. A wallet signs a transaction, servers relay it, validators compare candidate transaction sets, and the network closes a new validated ledger when enough trusted validators agree.
- XRP Ledger uses validators and consensus instead of proof-of-work mining.
- Each server chooses a trusted validator list, often called a UNL, to decide which validations it listens to.
- Transactions pay a small XRP fee that is destroyed, not paid as a block reward.
- Validated ledgers give fast settlement for payments, offers, trust lines, escrows, and other XRPL features.
- Ripple is a company in the ecosystem; XRP Ledger is the public blockchain-style ledger shown in this demo.
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