Merge pull request #335 from mDuo13/clarify-creating-accounts

Clarify creating accounts on the Accounts page

content/concept-accounts.md

@@ -15,16 +15,33 @@ In the ledger's data tree, an account's core data is stored in the [AccountRoot]
 
 **Tip:** An "Account" in the XRP Ledger is somewhere between the financial usage (like "bank account") and the computing usage (like "UNIX account"). Non-XRP currencies and assets aren't stored in an XRP Ledger Account itself; each such asset is stored in an accounting relationship called a "Trust Line" that connects two parties.
 
+### Creating Accounts
+
+There is not a dedicated "create account" transaction. The [Payment transaction][] automatically creates a new account if the payment sends XRP equal to or greater than the [account reserve](concept-reserves.html) to a mathematically-valid address that does not already have an account. This is called _funding_ an account, and creates an [AccountRoot object](reference-ledger-format.html#accountroot) in the ledger. No other transaction can create an account.
+
+**Caution:** Funding an account **does not** give you any special privileges over that account. Whoever has the secret key corresponding to the account's address has full control over the account and all XRP it contains. For some addresses, it's possible that no one has the secret key, in which case the account is a [black hole](#special-addresses) and the XRP is lost forever.
+
+The typical way to get an account in the XRP Ledger is as follows:
+
+1. Generate a key pair from a strong source of randomness and calculate the address of that key pair. (For example, you can use the [`wallet_propose` command](reference-rippled.html#wallet-propose) to do this.)
+
+2. Have someone who already has an account in the XRP Ledger send XRP to the address you generated.
+
+    - For example, you can purchase XRP in a private exchange, then withdraw XRP from the exchange to the address you specified.
+
+        **Caution:** The first time you receive XRP at your own XRP Ledger address, you must pay the [account reserve](concept-reserves.html) (currently 20 XRP), which locks up that amount of XRP indefinitely. In contrast, private exchanges usually hold all their customers' XRP in a few shared XRP Ledger accounts, so customers don't have to pay the reserve for individual accounts at the exchange. Before withdrawing, consider whether having your own account directly on the XRP Ledger is worth the price.
+
 ## Addresses
 
 {% include 'data_types/address.md' %}
 
-Any valid address can become an account in the XRP Ledger by receiving a [Payment][] of XRP, as long as the amount of XRP delivered is greater than or equal to the [account reserve](concept-reserves.html). This is called _funding_ the account. You can also use an address that has not been funded to represent a [regular key](reference-transaction-format.html#setregularkey) or a member of a [signer list](reference-transaction-format.html#multi-signing). Only a funded account can be the sender of a transaction.
+Any valid address can [become an account in the XRP Ledger](#creating-accounts) by being funded. You can also use an address that has not been funded to represent a [regular key](reference-transaction-format.html#setregularkey) or a member of a [signer list](reference-transaction-format.html#multi-signing). Only a funded account can be the sender of a transaction.
 
 Creating a valid address is a strictly mathematical task starting with a key pair. You can generate a key pair and calculate its address entirely offline without communicating to the XRP Ledger or any other party. The conversion from a public key to an address involves a one-way hash function, so it is possible to confirm that a public key matches an address but it is impossible to derive the public key from the address alone. (This is part of the reason why signed transactions include the public key _and_ the address of the sender.)
 
 For more technical details of how to calculate an XRP Ledger address, see [Address Encoding](#address-encoding).
 
+
 ### Special Addresses
 
 Some addresses have special meaning, or historical uses, in the XRP Ledger. In many cases, these are "black hole" addresses, meaning the address is not derived from a known secret key. Since it is effectively impossible to guess a secret key from only an address, any XRP possessed by black hole addresses is lost forever.

content/transactions/payment.md

@@ -43,9 +43,9 @@ Most of the time, the `issuer` field of a non-XRP [Currency Amount][] indicates
 
 ### Creating Accounts
 
-The Payment transaction type is the only way to create new accounts in the XRP Ledger. To do so, send an amount of XRP that is equal or greater than the [account reserve](concept-reserves.html) to a mathematically-valid account address that does not exist yet. When the Payment is processed, a new [AccountRoot object](reference-ledger-format.html#accountroot) is added to the ledger.
+The Payment transaction type can create new accounts in the XRP Ledger by sending enough XRP to an unfunded address. Other transactions to unfunded addresses always fail.
 
-If you send an insufficient amount of XRP, or any other currency, the Payment fails.
+For more information, see [Accounts](concept-accounts.html#creating-accounts).
 
 ### Paths