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Merge pull request #875 from ripple/depositauth-intro-edits

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Revise DepositAuth introduction
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Rome Reginelli
2020-07-22 17:08:55 -07:00
committed by GitHub
parent 2010229365 9c3e9f29dd
commit f161a96c2a
1 changed files with 5 additions and 2 deletions
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content/concepts/payment-system-basics/accounts/depositauth.md
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@@ -2,9 +2,12 @@
_(Added by the [DepositAuth amendment][].)_
Deposit Authorization is an optional feature of an [account](accounts.html) in the XRP Ledger. With Deposit Authorization enabled, transactions cannot send value of any kind to the account unless the sender of those transactions is the account itself. This includes transfers of XRP and issued currencies.
Deposit Authorization is an optional [account](accounts.html) setting in the XRP Ledger. If enabled, Deposit Authorization blocks all transfers from strangers, including transfers of XRP and issued currencies. An account with Deposit Authorization can only receive value in two ways:
By default, new accounts have DepositAuth disabled.
- From accounts it has [preauthorized](#preauthorization).
- By sending a transaction to receive the funds. For example, an account with Deposit Authorization could finish an [Escrow](escrow.html) that was initiated by a stranger.
By default, new accounts have DepositAuth disabled and can receive XRP from anyone.
## Background