Overview

In the Rayls ecosystem there are two main types of transaction:

1. Internal transactions within a single Rayls Sovereign ledger.
2. Cross-chain transactions between institutions, carried via the Private Network Hub or Public Chain.

This page covers internal transactions within a single Rayls Sovereign ledger, and walks through sending transactions using the available methods, including the Rayls Custody Light APIs.

Prerequisites

• Set up a wallet or custody account in the Rayls Sovereign ledger.
• Have access to the Rayls Sovereign ledger's RPC endpoint or the Rayls Custody Light APIs.
• Have a sufficient token balance in your wallet for the transaction.

Executing Internal Transactions in the Sovereign ledger

1. Direct Contact to the Sovereign ledger Transaction Execution

Rayls is fully EVM-compatible, so it supports Ethereum-style transaction execution, which means developers familiar with Ethereum can use tools such as Ethers.js and Web3.js.

Example transaction using Ethers.js:

const { ethers } = require('ethers');  
const provider = new ethers.JsonRpcProvider('<Privacy-Ledger-Endpoint>');

const privateKey = '<Your-Private-Key>';  
const wallet = new ethers.Wallet(privateKey, provider);

async function sendTransaction() {  
    const tx = {  
        to: '<Recipient-Address>',  
        value: ethers.parseEther('1.0')  
    };
const transaction = await wallet.sendTransaction(tx);
await transaction.wait();
console.log('Transaction successful:', transaction);
}

sendTransaction();