On-Chain Escrow
Secure your vendor payments with XRPL’s built-in escrow: submit an EscrowCreate, and funds remain locked until conditions are met. No smart-contract code required.
EscrowCreate Parameters
Amount: drops of XRP to lockDestination: vendor’s XRPL addressCondition: SHA-256 hash lock (optional)FinishAfter: timestamp earliest releaseCancelAfter: deadline to refund
Releasing Funds
Call EscrowFinish when you have vendor proof. You can automate this via an off-chain watcher or—once enabled—the Hooks amendment.
Real-World Use
- At hire time, UI fires
EscrowCreateandSignerListSettogether. - Vendor delivers work and submits a cryptographic proof hash.
- Watcher/Hook triggers
EscrowFinish; or user clicks “Release”/“Freeze.”
Learn More
XRPL Escrow docs: EscrowCreate & EscrowFinish.