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Showing results for tags 'ripple-xrp'.
https://ambcrypto.com/ripples-xrp-ledger-gets-toast-wallets-trustline-support/ The update also comes with news of Toast Wallet setting up their own cluster of nodes on Ripple’s network. This is to allow for the smooth functioning of the platform. Trustlines are links between two addresses on the XRP Ledger. They represent an explicit statement of willingness to hold debt obligations for the gateway. It can allow strangers on the network to open credit lines and make payments based on trust. On the XRP Ledger, it requires 5 XRP to open and keep a trustline open. A trustline cannot be closed if the balance is above 0. It is important to note that one must not open a trustline with an entity one does not trust.