Ripple wallet on Linux

Introduction

Ripple is the native cryptocurrency for products developed by Ripple Labs. Its products are used for payment settlement, asset exchange, and remittance systems that work more like SWIFT, a service for international money and security transfers used by a network of banks and financial intermediaries. Ripple wallet. Check openssl.

 Ripple is pre-mined and uses a less complicated mining method as compared to Bitcoin.

What is XRP? Ripple wallet?

Ripple is a digital asset built for payments banking systems. It is a native digital asset on the XRP Ledger – an open-source, permissionless and decentralized blockchain technology can settle transactions in 3-5 seconds.
Ripple can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.

How is Ripple Used with ripple wallet?

Fastest, cheap, and more scalable than other digital asset, Ripple and XRP Ledger are used to power innovative technology across the payments systems.
Ripple is focused on building technology to unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.

RippleNet

RippleNet customers can use XRP for liquidity in cross-border transactions. Instead of pre-funding ensuring instant settlement, lower exchange fees and more efficient use of working capital.

Learn About RippleNet

Install npm command

Add npm repository to ensure you install the latest versions of Node.js and npm. Add the NodeSource repository to the system. Execute the following command below.

# curl –sL https://rpm.nodesource.com/setup_10.x | sudo bash -

Install Node.js and npm

# sudo yum install –y nodejs

Validate installation

Verify the installed software with the commands:

# node –version
# npm –version

Install ripple wallet

Run the command below to install the package and dependency

# npm install -g ripple-wallet-cli
[ .................] | fetchMetadata: sill resolveWithNewModule [email protected] checking installabl
/usr/bin/ripple-wallet-cli -> /usr/lib/node_modules/ripple-wallet-cli/bin/cmd.js
+ [email protected]
added 116 packages from 124 contributors in 31.07s

Run the command ripple-wallet-cli to use:

# ripple-wallet-cli

  Usage: ripple-wallet-cli [command]

  Available commands:

  generate       to generate a new wallet address + secret (works offline)
  balance        to check the available funds on a given Ripple address
  pay            to move funds from one address to another

Command Usage

generate – to generate a new wallet address + secret (works offline)

# ripple-wallet-cli generate
-----------------------------------------------
Ripple Wallet Generate Wallet
-----------------------------------------------
 Public address: rUkqrb8yxfox38cxxxxxxxxxxxrt453654
 Wallet secret: shCdytSLCqkixxxxxxxxxxxxxxxxxxxxxxx
 
 Print this wallet and make sure to store it somewhere safe!
Note: You need to put at least 20 XRP on this key for it to be an active account

Check you Balance

balance – to check the available funds on a given Ripple address

# ripple-wallet-cli balance rUkqrb8yxfox38cxxxxxxxxxxxrt453654
-----------------------------------------------
Ripple Wallet Balance Check
-----------------------------------------------

Current Balance

Make a payment from your existing wallet

To make a payment from a wallet you control to another address, run:

# ripple-wallet-cli pay
-----------------------------------------------
Ripple Wallet Make Payment
-----------------------------------------------

? Enter XRP amount to send:

You’ll be asked for the XRP amount to send, the target address, the destination tag (optional), the sender address and finally the sender secret.

# ripple-wallet-cli pay --amount [amount] --to [destination address] --tag [destination tag]