Escrow & Conditional Payments
Lock funds with time-based and cryptographic conditions. Create, finish, and cancel escrows. Understand smart-contract-like functionality native to XRPL.
Overview
Lock funds with time-based and cryptographic conditions. Create, finish, and cancel escrows. Understand smart-contract-like functionality native to XRPL.
Resources
- Escrow Tutorial — XRPL Commons Docs (article)
Assignments
1. Time-Based Escrow
Create an escrow that releases 50 XRP after a 1-minute delay. Wait and finish it. Verify the funds arrived.
2. Crypto-Conditional Escrow
Generate a crypto-condition, create an escrow locked by it, then finish it with the fulfillment. Explain the use case.
Assignments
Time-Based Escrow
Create an escrow that releases 50 XRP after a 1-minute delay. Wait and finish it. Verify the funds arrived.
Crypto-Conditional Escrow
Generate a crypto-condition, create an escrow locked by it, then finish it with the fulfillment. Explain the use case.