ARCHIVE/xrpl-dev-portal
1
0
Fork 0
mirror of https://github.com/XRPLF/xrpl-dev-portal.git synced 2025-11-28 07:35:50 +00:00
Code Issues Packages Projects Releases Wiki Activity

Typo in escrow.md

Browse Source 
Looks like the sentence was refactored from something else, and `able to` was left in.
This commit is contained in:
Mike Milano
2018-05-19 04:57:14 -07:00
committed by GitHub
parent 1737738b19
commit 7526e0aec0
1 changed files with 1 additions and 1 deletions
Download Patch File Download Diff File Expand all files Collapse all files

2
content/concepts/complex-payment-types/escrow.md
View File

@@ -89,7 +89,7 @@ Placing the money into escrow does not directly protect Ripple's holdings from m
### Use Case: Interledger Payments
**Background:** In the quickly-developing world of financial technology, one of the core challenges is coordinating activities that cross multiple digital money systems, or ledgers. Many proposed solutions to this problem (including early views of the XRP Ledger!) can be reduced to creating "one ledger to rule them all." Ripple believes no single system can meet the needs of everyone in the world: in fact, some desirable features are mutually exclusive. Instead, Ripple believes that an interconnected network of ledgers—an _interledger_—is the true future of financial technology. The [Interledger Protocol][] defines standards for making as many systems as possible able to connect securely and smoothly.
**Background:** In the quickly-developing world of financial technology, one of the core challenges is coordinating activities that cross multiple digital money systems, or ledgers. Many proposed solutions to this problem (including early views of the XRP Ledger!) can be reduced to creating "one ledger to rule them all." Ripple believes no single system can meet the needs of everyone in the world: in fact, some desirable features are mutually exclusive. Instead, Ripple believes that an interconnected network of ledgers—an _interledger_—is the true future of financial technology. The [Interledger Protocol][] defines standards for making as many systems as possible connect securely and smoothly.
The most fundamental principle of inter-ledger payments is _conditional transfers_. Multi-hop payments have a risk problem: the more hops in the middle, the more places the payment can fail. Interledger solves this with the financial equivalent of a "[two-phase commit](https://en.wikipedia.org/wiki/Two-phase_commit_protocol)", where the two steps are (1) prepare conditional transfers, then (2) fulfill the conditions to execute the transfers. The Interledger project defined a [crypto-conditions][] specification to standardize automated ways to define and verify conditions, and settled on SHA-256 hashes as a "common denominator" of such conditions.