Vito 518edd594c refactor: Route Vault/Loan transactors through the new Vault helpers
Wire VaultDeposit, VaultWithdraw, VaultClawback, LoanSet, LoanManage, and
LoanPay through addVaultAssets/removeVaultAssets/clawbackVaultAssets/
moveVaultAssets, replacing their ad hoc sfAssetsTotal/sfAssetsAvailable
proxy mutations and accountSend/accountSendMulti/doWithdraw calls:

- VaultDeposit and VaultWithdraw/VaultClawback use addVaultAssets and
  removeVaultAssets/clawbackVaultAssets respectively. VaultClawback uses
  the plain-accountSend overload rather than the doWithdraw-based one,
  since doWithdraw's self-holding-creation path would incorrectly reject
  a locked/frozen MPT issuance before checking that the recipient is the
  issuer (who always already holds their own asset).
- LoanSet's loan-principal-and-origination-fee disbursement uses
  moveVaultAssets.
- LoanManage's default write-off and LoanPay's payment both use
  addVaultAssets; addVaultAssets always applies valueDelta even when the
  transferred amount is zero, since a default written off entirely by
  the Vault (no first-loss capital cover) has a nonzero total delta but
  a zero transferred amount.
- LoanPay's post-rounding precision-loss guard now reads the Vault's
  actual post-rounding field values (after addVaultAssets/associateAsset
  have mutated and rounded them) instead of comparing raw pre-mutation
  arithmetic.
- associateAsset(*vault, ...) must run after the helper mutates the
  Vault's fields, never before: it rounds every asset-typed field on the
  Vault SLE to the asset's canonical precision, which the mutation
  itself does not do. Getting this ordering backwards is what caused a
  "value is already rounded" STNumber assertion failure during testing.

Also rename getAssetsTotalScale to VaultHelpers::getVaultScale at all
call sites.
2026-08-10 12:40:46 +02:00

codecov

The XRP Ledger

The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer nodes. The XRP Ledger uses a novel Byzantine Fault Tolerant consensus algorithm to settle and record transactions in a secure distributed database without a central operator.

XRP

XRP is a public, counterparty-free crypto-asset native to the XRP Ledger, and is designed as a gas token for network services and to bridge different currencies. XRP is traded on the open-market and is available for anyone to access. The XRP Ledger was created in 2012 with a finite supply of 100 billion units of XRP.

xrpld

The server software that powers the XRP Ledger is called xrpld and is available in this repository under the permissive ISC open-source license. The xrpld server software is written primarily in C++ and runs on a variety of platforms. The xrpld server software can run in several modes depending on its configuration.

If you are interested in running an API Server (including a Full History Server), take a look at Clio. (xrpld Reporting Mode has been replaced by Clio.)

Build from Source

Key Features of the XRP Ledger

  • Censorship-Resistant Transaction Processing: No single party decides which transactions succeed or fail, and no one can "roll back" a transaction after it completes. As long as those who choose to participate in the network keep it healthy, they can settle transactions in seconds.
  • Fast, Efficient Consensus Algorithm: The XRP Ledger's consensus algorithm settles transactions in 4 to 5 seconds, processing at a throughput of up to 1500 transactions per second. These properties put XRP at least an order of magnitude ahead of other top digital assets.
  • Finite XRP Supply: When the XRP Ledger began, 100 billion XRP were created, and no more XRP will ever be created. The available supply of XRP decreases slowly over time as small amounts are destroyed to pay transaction fees.
  • Responsible Software Governance: A team of full-time developers at Ripple & other organizations maintain and continually improve the XRP Ledger's underlying software with contributions from the open-source community. Ripple acts as a steward for the technology and an advocate for its interests.
  • Secure, Adaptable Cryptography: The XRP Ledger relies on industry standard digital signature systems like ECDSA (the same scheme used by Bitcoin) but also supports modern, efficient algorithms like Ed25519. The extensible nature of the XRP Ledger's software makes it possible to add and disable algorithms as the state of the art in cryptography advances.
  • Modern Features: Features like Escrow, Checks, and Payment Channels support financial applications atop of the XRP Ledger. This toolbox of advanced features comes with safety features like a process for amending the network and separate checks against invariant constraints.
  • On-Ledger Decentralized Exchange: In addition to all the features that make XRP useful on its own, the XRP Ledger also has a fully-functional accounting system for tracking and trading obligations denominated in any way users want, and an exchange built into the protocol. The XRP Ledger can settle long, cross-currency payment paths and exchanges of multiple currencies in atomic transactions, bridging gaps of trust with XRP.

Source Code

Here are some good places to start learning the source code:

  • Read the markdown files in the source tree: src/xrpld/**/*.md.
  • Read the levelization document to get an idea of the internal dependency graph.
  • In the big picture, the main function constructs an ApplicationImp object, which implements the Application virtual interface. Almost every component in the application takes an Application& parameter in its constructor, typically named app and stored as a member variable app_. This allows most components to depend on any other component.

Repository Contents

Folder Contents
./bin Scripts and data files for XRPL developers.
./Builds Platform-specific guides for building xrpld.
./docs Source documentation files and doxygen config.
./cfg Example configuration files.
./src Source code.

Some of the directories under src are external repositories included using git-subtree. See those directories' README files for more details.

Additional Documentation

See Also

Description
Decentralized cryptocurrency blockchain daemon implementing the XRP Ledger protocol in C++
Readme 340 MiB
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