Ripple Quick Start Guide电子书

Title Page

Copyright and Credits

Ripple Quick Start Guide

Dedication

About Packt

Why subscribe?

Packt.com

Contributors

About the author

About the reviewer

Packt is searching for authors like you

Preface

Who this book is for

What this book covers

To get the most out of this book

Download the example code files

Conventions used

Get in touch

Reviews

Getting Started with Ripple

The need for decentralization

Introduction to blockchain

Introduction to Bitcoin

Inefficiencies in payment systems

International money transfer through Bitcoin

Disadvantages of Bitcoin

Ripple

International money transfer through Ripple

The Ripple Protocol

Account creation

Reserve

Transactions

Multisigning

Consensus

Important properties of the consensus protocol

Ledger versions

Validation

Advantages of Ripple

Currency agnostic

Simplified consensus

Low fee

Reduced foreign exchange cost

Pathfinding algorithm

Adaptable cryptography

Anti-spam mechanism

Potential risks of Ripple

Regulatory issues

Trust Issues

Security vulnerabilities

Problems of being an open protocol

Summary

Working with Ripple Currency XRP

Types of wallets

Online wallets

Desktop/mobile wallets

Offline wallets

Hardware wallets

Paper wallets

How do I choose my wallet?

Setting up a Ripple account

Activating the Ripple account

Making an international transfer

Trading XRP

Importing an existing wallet

Setting up an offline wallet

Protecting your Ripples

Don't leave your Ripples on centralized exchanges

Make backups

Use antivirus software

Disable browser plugins

Store Ripples in multiple wallets

For big sums, use cold wallets

Use reputable wallets

Important things you must remember

Summary

Applications of Ripple

High speed and low-cost payments

xCurrent

How does it work?

Advanced payment applications

Cross-currency payments

How does it work?

Checks

How does it work?

Payment channels

How does it work?

Escrow

How does it work?

Initial coin offering

Decentralized exchange

Debunking misconceptions about Ripple

Ripple and XRP are not the same

Funds lockup

No mining

Limited smart contracts

Important things to remember

Summary

Getting Started with the Ripple API

Connecting to the Ripple test network

Setting up the development environment

First Ripple application

Sending money

Prepare transaction

Sign transaction

Submit transaction

Summary

Developing Applications Using the Ripple API

Sending checks

Cashing checks

Creating a time-held escrow

Creating a conditionally-held escrow

Important things you must remember

Summary

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