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tx format - fix typos (DOC-418)

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mDuo13
2016-06-14 17:40:12 -07:00
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content/reference-transaction-format.md
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@@ -773,9 +773,9 @@ Create or modify a trust line linking two accounts.
### Trust Limits ###
All balances on the Ripple Consensus Ledger (RCL), except for XRP, represent value owed in the world outside the Ripple Ledger. The address that issues those funds in Ripple (identified by the `issuer` field of the `LimitAmount` object) is expected to pay the balance back, outside of the Ripple Consensus LEdger, when users redeem their Ripple balances by returning them to the issuer.
All balances on the Ripple Consensus Ledger (RCL), except for XRP, represent value owed in the world outside the Ripple Ledger. The address that issues those funds in Ripple (identified by the `issuer` field of the `LimitAmount` object) is expected to pay the balance back, outside of the Ripple Consensus Ledger, when users redeem their Ripple balances by returning them to the issuer.
Since a computer program cannot force a someone to keep its promise and not default in real life, trust lines represent a way of configuring how much you trust issuing address to hold on your behalf. Since a large, reputable financial institution is more likely to be able to pay you back than, say, your broke roommate, you can set different limits on each trust line, to indicate the maximum amount you are willing to let the issuer "owe" you in the RCL. If the issuer defaults or goes out of business, you can lose up to that much money because the balances you hold in the Ripple Consensus Ledger can no longer be exchanged for equivalent balances elsewhere. (You can still keep or trade the issuances in the RCL, but they no longer have any reason to be worth anything.)
Since a computer program cannot force a someone to keep a promise and not default in real life, trust lines represent a way of configuring how much you trust an issuer to hold on your behalf. Since a large, reputable financial institution is more likely to be able to pay you back than, say, your broke roommate, you can set different limits on each trust line, to indicate the maximum amount you are willing to let the issuer "owe" you in the RCL. If the issuer defaults or goes out of business, you can lose up to that much money because the balances you hold in the Ripple Consensus Ledger can no longer be exchanged for equivalent balances elsewhere. (You can still keep or trade the issuances in the RCL, but they no longer have any reason to be worth anything.)
There are two cases where you can hold a balance on a trust line that is *greater* than your limit: when you acquire more of that currency through [trading](#offercreate), or when you decrease the limit on your trust line.