Battle Cryptoby The Compendium Co.

What is Ledger close?

On the XRP Ledger, the moment validators agree on the next version of the whole ledger — every three to five seconds, final on agreement.

A ledger close is the moment XRP Ledger validators agree on the next version of the entire ledger — every three to five seconds, and final on agreement rather than probabilistic. There is no waiting for confirmations because there is nothing to wait for: once it closes, it closed. XRP is the one market on this board where those closes are drawn beside the exchange tape.

Watch it happen

Every idea on this page is something you can see on a live tape rather than take on faith. The board draws real executed trades as an army: buyers advance from the left, sellers from the right, and the glowing line between them is the price. Here is how to read it.

Related terms

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