Issuing Token on XRPL
Issuing Token on XRPL

Issuing Token on XRPL

Setting things up

Installing Node and VS Code EditorInstalling Node and VS Code EditorInstalling "XRPL JS TS Demo" and DependenciesInstalling "XRPL JS TS Demo" and Dependencies

XRP Ledger accounts

Learning More About XRP Ledger AccountLearning More About XRP Ledger AccountGenerating XRPL AccountGenerating XRPL AccountDerive r-address From SecretDerive r-address From SecretBrief Overview of The XRP LedgerBrief Overview of The XRP Ledger

First XRPL interaction

Activate Existing XRPL Account on Test NetworkActivate Existing XRPL Account on Test NetworkConnecting and Interacting with XRP Ledger: account_infoConnecting and Interacting with XRP Ledger: account_infoInteracting with XRP Ledger using JSON-RPCInteracting with XRP Ledger using JSON-RPCError Handling and Best PracticesError Handling and Best PracticesBasics of XRP and Issued CurrencyBasics of XRP and Issued CurrencySigning Payment TransactionSigning Payment TransactionAssignment SolutionAssignment SolutionVerifying SignatureVerifying SignatureSubmit Transaction Signature To XRP LedgerSubmit Transaction Signature To XRP LedgerSubscription MethodsSubscription MethodsSubscription Methods To Build Responsive AppSubscription Methods To Build Responsive AppTransaction VerificationTransaction VerificationBalance DetailBalance DetailTransaction CostTransaction CostMeasures to Avoid Ledger SpammingMeasures to Avoid Ledger SpammingSource And Destination TagsSource And Destination TagsAccountSet Transaction: Domain, GravatarAccountSet Transaction: Domain, GravatarAccountSet Transaction: SetFlag, ClearFlagAccountSet Transaction: SetFlag, ClearFlagDeposit AuthorizationDeposit Authorization

Tokens, transactions

Issuing Token on XRPLIssuing Token on XRPLToken(IOU): Payment TransactionToken(IOU): Payment TransactionCommands To Fetch TrustLine InformationCommands To Fetch TrustLine InformationFreeze a TrustLineFreeze a TrustLineIssuer: Transfer FeesIssuer: Transfer FeesMore about TrustLineMore about TrustLineCurrency Code In Hex FormatCurrency Code In Hex FormatRemoving a TrustLineRemoving a TrustLineRequire authorization FlagRequire authorization Flag

Ledger features

AccountDelete TransactionAccountDelete TransactionTickets: TheoryTickets: TheoryTicketCreate TransactionTicketCreate TransactionDelete Ticket ObjectDelete Ticket Object

SetRegularKey

SetRegularKey: The ConceptSetRegularKey: The ConceptAssigning RegularKeyAssigning RegularKeyChange RegularKeyChange RegularKeyRemove RegularKeyRemove RegularKeyBlackhole An AccountBlackhole An Account

MultiSigning

MultiSigning: The ConceptMultiSigning: The ConceptCreate SignerListCreate SignerListReplace SignerListReplace SignerListMulti-signed Payment TransactionMulti-signed Payment TransactionRemoving SignerListRemoving SignerList

Issuing Token on XRPL

Intro

Issuing a token on XRP Ledger, and all the concepts behind it.

Video

Topics covered

  • Create 2 XRPL accounts. Let the first account be the issuer account and the second address receive the minted tokens.
  • Enable Rippling on Issuing address / first account.
  • Establish a TrustLine from second account to the issuing address.
  • Send the tokens to the second address from issuing address - that’s how we mint the tokens on XRPL.
  • Discussion of Rippling.
  • Issuing and Operational Addresses: Multiple accounts and their roles in issuing and managing a token.

References

  • Issue a Fungible Token
  • Tokens / Issued Currencies Overview
  • Rippling
  • TrustSet
  • Issuing and Operational Addresses
  • Blackhole An Account

Update

While setting up a TrustLine we should always set noripple flag on the user account. But more on that in later videos where we discuss more about TrustLines.

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Final tip: Issuing a token is not just about technical aspects, you should also consider legal aspects and make sure to be compliant with all the laws.

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Deposite Authorization

Next →

Token Payment

  • Issuing Token on XRPL
  • Intro
  • Video
  • Topics covered
  • References
  • Update
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