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Rome Reginelli b51bcb4ea3 Information Architecture v3 (#1934 )

* Update look up escrows to remove redundant info about lookups via sender/destination. Modify cancel expired escrow for brevity.

* Cancel escrow: fix notes

* Add draft of updated cancel-escrow.js.

* Update intro to escrows.

* Add Escrow Tutorial

* Minor corrections

* Fix headings, add HTML

* Update escrow docs

This commit re-creates f205a92db2 with
some adjustments:

- Omit the accidentally-created dir full of junk
- Fix some typos and one mistake in the Escrow limitations section
- Add a table to the EscrowCreate ref to clarify valid combos of fields.

* Concept info from send-a-time-held-escrow added to escrow.md

* IA: Move "Consensus Network" files

This re-creates some work from the original commit 56fffe0b9f

* Rewrite escrows article (re-created)

This commit re-creates relevant work from the following commits:

9a4a588f2b Update escrow.md context info
e1b017dc83 Remove references to using escrow for interledger payments.

* IA: Move "XRPL servers" files

This re-creates some work from original commit 7611979abf

* IA: move "production readiness" files.

Re-creates work from the following commit:

692438693a  Move tutorials to concepts

* New intro articles

Original commit: 56fffe0b9f

* IA: Reorg account concepts

Re-creates some work from original commit 56fffe0b9f

* IA: reorg transaction concepts

Original commits:
9d4eff9940  WIP - reorg accounts
7611979abf  WIP dir. reorg

* IA: reorg consensus concepts

Original commit: 56fffe0b9f

* IA: Reorg ledger docs

Original commit: 56fffe0b9f

- Rephrased some details of the section

* IA: rename issuing/operational addresses page

Original commit: 56fffe0b9f

* Moving use cases

* Fleshing out Use Cases

Note, the dactyl-config.yml file has not been fully updated.

* Clean up checks conceptual info.

* Remove redundant checks use case section

Original commit: 3c29e9c05e

* IA: move Dex under tokens

Original commit: d08b3ba7d7

* Touch up stablecoin issuer use case (#1856)

* Consolidate stablecoin use case

* Stablecoin issuer: cleanup progress through sending

* Stablecoin issuer: reorg second half

(Note: the dactyl-config.yml is not fully reconciled yet)

* Move rippled and clio tutorials into infrastructure

* Remove link to checks amendement.

* Add note to account_objects.md about commandline interface type field.

* Merge expiration case with lifecycle section.

* Interoperability Use Cases

* Add graphics to intro

* Move escrow use cases to dedicated page.

* Update use case page intros and corresponding concept info.

* Clarify meaning of direct XRP payments.

* Intro link updates

* Payment use cases

* Remove some unnecessary links in transactions section

Original commit: e6fcf4a4dc

* Link cleanup in Tokens section

Original commit: 9588dd5e70

* Touch up 'Configure Peering' section

Original commit: fc8f0990b8

* Clean up links in accounts section

Original commit: 3da5fde7a8

* Add NFT mkt use case

* p2p payments: edits to Wallets

* Clean up payments use cases

* Refine history description

* IA: use case cleanup

* IA: reconcile servers, ledgers sections

* IA: reconcile payment types, tx, tokens

* IA: reconcile accounts section

* IA: reconcile infra

* IA: Fix most broken links

* Full Docs Index: omit from sidebar

* IA: fix up most broken links

* fix Absolute path link to internal content

* Quick updates to Software Ecosystem

* Remove some absolute links to internal resources

* Fix remaining broken links in JA target

* Contributing: tweak formatting

* Tutorials: fix some minor issues

* remove interop use cases

* remove intro image and personal references to dennis

* alphabetize-transaction-nav

* Remove unused files

* Add QS escrow tutorials

* IA: move ledgers, consensus protocol files around

* IA: update nav for new page hierarchy

* reordering of topics under new networks and servers top-nav

* Move "Naming" to "What is XRP?"

* Update dactyl-config.yml

Remove xrp.md from the TOC.

* Update list-xrp-as-an-exchange.md

Update link to what-is-xrp

* Update list-xrp-as-an-exchange.ja.md

Change link to what-is-xrp

* Update currency-formats.md

Change link to what-is-xrp

* Update currency-formats.ja.md

Change link to what-is-xrp

* Update cancel-an-expired-escrow.md

Change link to what-is-xrp

* Update paymentchannelfund.md

Change link to what-is-xml

* Update look-up-escrows.md

Change link to what-is-xrp

* Update tokens.md

change link to what-is-xrp

* Update use-payment-channels.md

* Update send-a-time-held-escrow.md

Update link to what-is-xml

* fix broken links

* Update parallel-networks.md

Change link to what-is-xml

* Update parallel-networks.ja.md

* Update invariant-checking.md

Remove link to xrp.html

* Update invariant-checking.ja.md

Remove link to xrp.html

* Update transaction-cost.md

Change link to what-is-xrp

* Update transaction-cost.ja.md

Change link to what-is-xrp

* Update send-a-conditionally-held-escrow.md

Change link to what-is-xrp

* Update stablecoin-issuer.md

Change link to what-is-xrp

* Update tokens.ja.md

Change link to what-is-xml

* Update autobridging.ja.md

Change link to what-is-xrp

* Update currency-formats.md

update text

* reorganize infrastructure nav section

* Update currency-formats.md

Try removing link altogether.

* Update currency-formats.ja.md

Remove link to what-is-xrp.html

* move commandline usage topic to infrastructure

* initial intro rewrite

* minor update to language

* IA.v3: rm Production Readiness

* Delete xrp.md

* Update xrp link in snippet

* Add redirect for old xrp.html URL

* Small edits to 'What is XRP?' article

* Add missing imgs

* XRP - copy edit per @DennisDawson

* restructure tutorials nav and pages

* fix broken links

* more broken link fixes

* Algo trading: 1st draft

* Algo trading: notes on taxes

* Algo trading: edits per review

* algo trading: fix broken link

* Ledger structure: rewrite for accuracy and clarity

* Update links to removed 'tree format' header

* Ledger Structure: Update diagrams

* Re-gen CSS for ledger structure changes

* Ledger structure: edits per review

* IA.v3: fix broken NFT links introduced by rebase

* Desktop Wallet (py): update little stuff

* Update some capacity/storage details

* contribute doc nav update

* fix image link in create diagram page

* IAv3: Fix 'Ledgers' blurb

* Update full history requirements with details from community members

* add reviewer suggestions

* Edits per @trippled review

* Apply suggestions from peer review

Co-authored-by: oeggert <117319296+oeggert@users.noreply.github.com>

* FH: reword file size limit note per review

* Update software ecosystem

* updates per review

* Minor tweaks to graphics

* fixTypos

* Update content/concepts/introduction/software-ecosystem.md

Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>

* Update content/concepts/introduction/software-ecosystem.md

Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>

* [JA] update AccountDelete cost

* custom transactors doc

* add doc to dactyl config

* [JA] fix NonFungibleTokensV1_1 amendment status

* [JA] update NFTokenOffer page

* Remove old, unused XRP article (#2039)

* add reviewer suggestions

* Add tooling to check for file/nav consistency

- From the repo top, run tool/check_file_consistency.py to look for
  Markdown files that exist in the "content/" directory but aren't used
  in the documentation.
- New "enforce_filenames" filter prints a warning to console when
  building, if a file's path and filename don't match expectations
  based on its place in the nav and top heading.

* File consistency checker: correctly handle filenames starting in _

* Remove unused old 'get started' and associated code

* Create Resources section & reorg some files

- Rename some files/folders based on their place in the nav
- Move a bunch of non-documentation stuff, and docs on contributing code
  and/or docs to the new "Resources" section.
- Known issue: nav spills into a second row on page widths between
  993px-1110px. To be fixed in a later CSS update, maybe along with
  making the Resources dropdown multi-column.

* Fix #2078 code tab bug

CSS not built yet, to reduce merge conflicts. Won't have any effect
until that happens.

* fix Transaction JSON

* [JA] translate contributing contents

* fix contributing-to-documentation parent

* fix contribute-code blurb

* Top nav: add cols for Resources, fix broken links

* CSS: fix top nav overflows

* Fix broken link from redirect not in JA target

* Top nav: add Infra to article types

* Update contrib info & rename intro file

* [ja] Update link to suggested first page to translate

* [ja] fix contribute docs organization

* Run private network with docker tutorial (#2065)

* [NO-ISSUE] Run private network with docker tutorial

Adds a tutorial page in the Infrastructure section on how to run a private XRPL network with Docker.

Please let me know if you think this is a useful page to include for developers, whether the steps are clear or not, and if you have suggestions on what can be added to it.

* Add minor link fixes and Japanese target

* Apply suggestions from code review

Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>

* Add link to ripple-docker-testnet setup scripts in See Also section

* Update repo URL

---------

Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>

* add intro gfx (#2036)

* add intro gfx

* Move graphic up

* Update some graphics with their revised versions

* Add updated version of the custodial vs non-custodial graphic

---------

Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>
Co-authored-by: Amarantha Kulkarni <akulkarni@ripple.com>

* Update to reflect current UNL publishers

* [ja] update contributing

Co-authored-by: tequ <git@tequ.dev>

* Incorporate feedback on "What is XRP" page. (#2099)

* Add trademark info for XRP

* Revert section to previous state

* Fix broken link (#2101)

---------

Co-authored-by: Oliver Eggert <oeggert@ripple.com>
Co-authored-by: ddawson <dennis.s.dawson@gmail.com>
Co-authored-by: Maria Shodunke <mshodunke@ripple.com>
Co-authored-by: tequ <git@tequ.dev>
Co-authored-by: oeggert <117319296+oeggert@users.noreply.github.com>
Co-authored-by: Amarantha Kulkarni <amarantha-k@users.noreply.github.com>
Co-authored-by: develoQ <develoQ.jp@gmail.com>
Co-authored-by: Maria Shodunke <maria-robobug@users.noreply.github.com>
Co-authored-by: Amarantha Kulkarni <akulkarni@ripple.com>

2023-09-01 12:40:18 -07:00

6.2 KiB

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html, parent, blurb, labels

html

parent

blurb

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what-is-xrp.html

introduction.html

Learn about XRP, the cryptocurrency traded on the XRP Ledger.

Blockchain

What is XRP?

XRP is the cryptocurrency supported by the XRP Ledger.

What Is Cryptocurrency?

A cryptocurrency is a digital or virtual currency that is secured by cryptography and tracked using a blockchain. The security and integrity of cryptocurrency makes it nearly impossible to counterfeit or double-spend.

Cryptocurrencies, digital currencies, and digital assets all fall into the same general category. Cryptocurrencies are:

digitally native (meaning they are built for the internet)
programmable
fast to transfer at a low cost
open and transparent
not restricted by borders or governments (so no need for nostro accounts that hold funds in another country)
not subject to counterfeit
do not require a bank account or infrastructure to settle payments.

Cryptocurrencies are fungible tokens. Fungible means that you can replace one token with other tokens of equal value. Postage is an example of a fungible token: if it costs 50 cents to mail a letter, you can use 2 25-cent stamps or 5 10-cent stamps for the postage, because postage stamps are fungible (consistent in relative value and interchangeable).

Cryptocurrencies are also decentralized. There’s no central authority governing the currency. Once a transaction is on the blockchain you cannot change it. It is difficult to censor cryptocurrency: so long as the system is sufficiently decentralized, no one can roll back transactions, freeze balances, or block someone from using a decentralized digital asset. Rules do not change without significant coordination among all participants.

Cryptocurrencies are compelling for investors and developers because no single entity can “pull the plug” on them and have them disappear.

But Why Is It Valuable?

It might seem strange that cryptocurrency is based solely on computer data, and not on any sort of tangible commodity such as precious metal. Traditionally, currencies have been based on cattle, sea shells, rare metals, stones, or other physical objects. But these items have value only because there was agreement between people in a culture.

While it might seem safer to have something “real” in your hand, many people wouldn’t know fool’s gold from the actual thing, or cubic zirconia from a genuine diamond. Paper money can be counterfeit. You can forget you have a $10 bill in your pocket and ruin it in the wash. It is costly to safely store and transport valuable items for payment.

The value of cryptocurrency comes from the faith that holders place in the currency. Given the distributed nature of the records and the cryptographic safeguards to secure the funds, cryptocurrency could be considered a much more robust, secure, and convenient form of currency than traditional fiat currencies.

XRP is Cryptocurrency

The XRP Ledger was built over 2011 – early 2012 by Jed McCaleb, Arthur Britto and David Schwartz. At the time of its creation, there were 100 billion XRP. In September 2012, Jed and Arthur, along with Chris Larsen formed Ripple (the company, called OpenCoin Inc. at the time) and decided to gift 80 billion XRP to Ripple in exchange for Ripple developing on the XRP Ledger.

Since then, the company has regularly sold XRP, used it to strengthen XRP markets and improve network liquidity, and incentivized development of the greater ecosystem. In 2017, the company placed 55 billion XRP in escrow to ensure that the amount entering the general supply grows predictably for the foreseeable future. Ripple's XRP Market Performance site reports how much XRP the company has available and locked in escrow at present.

Naming

Originally, the XRP Ledger was called "Ripple" for the way the technology allowed payments to ripple through multiple hops and currencies. For the native asset built into the ledger, the creators chose the ticker symbol "XRP" from the term "ripple credits" or "ripples" and the X prefix for non-national currencies in the ISO 4217 standard. The company registered itself as "Ripple Labs". The name "XRP" came to be used to refer to the asset in all contexts, to avoid confusion with the similar names for the technology and company, and eventually the company shortened its own name to "Ripple". In May 2018, the community selected a new "X" symbol to represent XRP to differentiate it from the triskelion logo that had previously been used for both the company and the digital asset.

XRP "X" Logo	Ripple triskelion

Trademark

"XRP" is a registered trademark of the XRPL Foundation in the U.S.A. and other countries like China and Estonia.

The trademark application was registered with the United States Patent and Trademark Office (USPTO) in 2013 with OpenCoin Inc and Ripple Labs Inc as assignees. In 2022, the trademark assignment was updated and is now assigned to the MITTETULUNDUSÜHING XRP LEDGER TRUST (“XRPLF”).

Next: Crypto Wallets

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