RippleState

[Source]

The RippleState object type connects two accounts in a single currency. Conceptually, a RippleState object represents two trust lines between the accounts, one from each side. Each account can change the settings for its side of the RippleState object, but the balance is a single shared value. A trust line that is entirely in its default state is considered the same as a trust line that does not exist, so rippled deletes RippleState objects when their properties are entirely default.

High vs. Low Account

There can only be one RippleState object per currency for any given pair of accounts. Since no account is privileged in the XAG Ledger, a RippleState object sorts account addresses numerically, to ensure a canonical form. Whichever address is numerically lower when decoded is deemed the "low account" and the other is the "high account". The net balance of the trust line is stored from the low account's perspective.

The "issuer" for the balance in a trust line depends on whether the balance is positive or negative. If a RippleState object shows a positive balance, the high account is the issuer. If the balance is negative, the low account is the issuer. Frequently, the issuer has its limit set to 0 and the other account has a positive limit, but this is not reliable because limits can change without affecting an existing balance.

Example RippleState JSON

{
    "Balance": {
        "currency": "USD",
        "issuer": "rrrrrrrrrrrrrrrrrrrrBZbvji",
        "value": "-10"
    },
    "Flags": 393216,
    "HighLimit": {
        "currency": "USD",
        "issuer": "rf1BiGeXwwQoi8Z2ueFYTEXSwuJYfV2Jpn",
        "value": "110"
    },
    "HighNode": "0000000000000000",
    "LedgerEntryType": "RippleState",
    "LowLimit": {
        "currency": "USD",
        "issuer": "rsA2LpzuawewSBQXkiju3YQTMzW13pAAdW",
        "value": "0"
    },
    "LowNode": "0000000000000000",
    "PreviousTxnID": "E3FE6EA3D48F0C2B639448020EA4F03D4F4F8FFDB243A852A0F59177921B4879",
    "PreviousTxnLgrSeq": 14090896,
    "index": "9CA88CDEDFF9252B3DE183CE35B038F57282BC9503CDFA1923EF9A95DF0D6F7B"
}

RippleState Fields

A RippleState object has the following fields:

Name JSON Type Internal Type Description
LedgerEntryType String UInt16 The value 0x0072, mapped to the string RippleState, indicates that this object is a RippleState object.
Flags Number UInt32 A bit-map of boolean options enabled for this object.
Balance Object Amount The balance of the trust line, from the perspective of the low account. A negative balance indicates that the low account has issued currency to the high account. The issuer in this is always set to the neutral value ACCOUNT_ONE.
LowLimit Object Amount The limit that the low account has set on the trust line. The issuer is the address of the low account that set this limit.
HighLimit Object Amount The limit that the high account has set on the trust line. The issuer is the address of the high account that set this limit.
PreviousTxnID String Hash256 The identifying hash of the transaction that most recently modified this object.
PreviousTxnLgrSeq Number UInt32 The index of the ledger that contains the transaction that most recently modified this object.
LowNode String UInt64 (Omitted in some historical ledgers) A hint indicating which page of the low account's owner directory links to this object, in case the directory consists of multiple pages.
HighNode String UInt64 (Omitted in some historical ledgers) A hint indicating which page of the high account's owner directory links to this object, in case the directory consists of multiple pages.
LowQualityIn Number UInt32 (Optional) The inbound quality set by the low account, as an integer in the implied ratio LowQualityIn:1,000,000,000. The value 0 is equivalent to 1 billion, or face value.
LowQualityOut Number UInt32 (Optional) The outbound quality set by the low account, as an integer in the implied ratio LowQualityOut:1,000,000,000. The value 0 is equivalent to 1 billion, or face value.
HighQualityIn Number UInt32 (Optional) The inbound quality set by the high account, as an integer in the implied ratio HighQualityIn:1,000,000,000. The value 0 is equivalent to 1 billion, or face value.
HighQualityOut Number UInt32 (Optional) The outbound quality set by the high account, as an integer in the implied ratio HighQualityOut:1,000,000,000. The value 0 is equivalent to 1 billion, or face value.

RippleState Flags

There are several options which can be either enabled or disabled for a trust line. These options can be changed with a TrustSet transaction. In the ledger, flags are represented as binary values that can be combined with bitwise-or operations. The bit values for the flags in the ledger are different than the values used to enable or disable those flags in a transaction. Ledger flags have names that begin with lsf.

RippleState objects can have the following flag values:

Flag Name Hex Value Decimal Value Description Corresponding TrustSet Flag
lsfLowReserve 0x00010000 65536 This RippleState object contributes to the low account's owner reserve. (None)
lsfHighReserve 0x00020000 131072 This RippleState object contributes to the high account's owner reserve. (None)
lsfLowAuth 0x00040000 262144 The low account has authorized the high account to hold the low account's issuances. tfSetAuth
lsfHighAuth 0x00080000 524288 The high account has authorized the low account to hold the high account's issuances. tfSetAuth
lsfLowNoRipple 0x00100000 1048576 The low account has disabled rippling from this trust line to other trust lines with the same account's NoRipple flag set. tfSetNoRipple
lsfHighNoRipple 0x00200000 2097152 The high account has disabled rippling from this trust line to other trust lines with the same account's NoRipple flag set. tfSetNoRipple
lsfLowFreeze 0x00400000 4194304 The low account has frozen the trust line, preventing the high account from transferring the asset. tfSetFreeze
lsfHighFreeze 0x00800000 8388608 The high account has frozen the trust line, preventing the low account from transferring the asset. tfSetFreeze

Contributing to the Owner Reserve

If an account modifies a trust line to put it in a non-default state, then that trust line counts towards the account's owner reserve. In a RippleState object, the lsfLowReserve and lsfHighReserve flags indicate which account(s) are responsible for the owner reserve. The rippled server automatically sets these flags when it modifies a trust line.

The values that count towards a trust line's non-default state are as follows:

High account responsible if... Low account responsible if...
Balance is negative (the high account holds currency) Balance is positive (the low account holds currency)
HighLimit is not 0 LowLimit is not 0
LowQualityIn is not 0 and not 1000000000 HighQualityIn is not 0 and not 1000000000
LowQualityOut is not 0 and not 1000000000 HighQualityOut is not 0 and not 1000000000
lsfHighNoRipple flag is not in its default state lsfLowNoRipple flag is not in its default state
lsfHighFreeze flag is enabled lsfLowFreeze flag is enabled

The lsfLowAuth and lsfHighAuth flags do not count against the default state, because they cannot be disabled.

The default state of the two NoRipple flags depends on the state of the lsfDefaultRipple flag in their corresponding AccountRoot objects. If DefaultRipple is disabled (the default), then the default state of the lsfNoRipple flag is enabled for all of an account's trust lines. If an account enables DefaultRipple, then the lsfNoRipple flag is disabled (rippling is enabled) for an account's trust lines by default.

Note: Prior to the introduction of the DefaultRipple flags in rippled version 0.27.3 (March 10, 2015), the default state for all trust lines was with both NoRipple flags disabled (rippling enabled).

Fortunately, rippled uses lazy evaluation to calculate the owner reserve. This means that even if an account changes the default state of all its trust lines by changing the DefaultRipple flag, that account's reserve stays the same initially. If an account modifies a trust line, rippled re-evaluates whether that individual trust line is in its default state and should contribute to the owner reserve.

RippleState ID Format

The ID of a RippleState object is the SHA-512Half of the following values, concatenated in order:

  • The RippleState space key (0x0072)
  • The AccountID of the low account
  • The AccountID of the high account
  • The 160-bit currency code of the trust line(s)