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Fix typos.

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Oliver Eggert
2022-12-09 09:32:54 -08:00
parent 9a4a588f2b
commit 97ef83d592
2 changed files with 3 additions and 2 deletions
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content/concepts/transactions/payments/escrow.md
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@@ -9,7 +9,7 @@ labels:
A traditional escrow is a contract between two parties to facilitate financial transactions. A sender delivers funds to an impartial third party to hold, guaranteeing its availability to a recipient. The third party only releases the funds to the recipient when conditions specified by the contract are met. This method ensures both parties meet their obligations.
The XRP Ledger takes escrow a step further, removing the need for a third party to hold the funds. Instead, and escrow locks up XRP on the ledger itself, which can't be used or destroyed until conditions are met.
The XRP Ledger takes escrow a step further, removing the need for a third party to hold the funds. Instead, an escrow locks up XRP on the ledger itself, which can't be used or destroyed until conditions are met.
## Types of Escrow
@@ -101,6 +101,7 @@ The most fundamental principle of inter-ledger payments is _conditional transfer
- [Ledger Reference](ledger-data-formats.html)
- [Escrow object](escrow-object.html)
***TODO: Out of date, I believe. Confirm before deleting.***
For more information on Interledger and how conditional transfers enable secure payments across multiple ledgers, see [Interledger Architecture](https://interledger.org/rfcs/0001-interledger-architecture/).
For more information on Ripple's 55-billion XRP lock-up, see [Ripple's Insights Blog](https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/).