Ripple wants to bring Ethereum smart contracts to the XRP Ledger

Ripple wants to bring Ethereum smart contracts to the XRP Ledger

The EVM-compatible XRP Ledger sidechain is set to undergo its second phase in early 2023, which will make the chain permissionless and improve scalability.

 

Ripple users may be able to interact with Ethereum-compatible decentralized applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP Ledger sidechain.

 

The launch of the sidechain was shared in a Tweet by blockchain development firm Peersyst Technologies on Oct. 17, noting that the new sidechain is compatible with Ethereum Virtual Machine (EVM).

This means that Ripple users could eventually have access to DApps like Uniswap (should it port over) and Web3 wallets such as MetaMask and XUMM Wallet.

The new sidechain also comes with a cross-chain bridge built to transfer XRP and other assets between the EVM-supported sidechain and the XRP Ledger Devnet.

According to RippleX software engineer Mayukha Vadari, the release “means developers no longer have to choose between XRPL or EVM-compatible blockchains.”

 

 

Source : Ripple wants to bring Ethereum smart contracts to the XRP Ledger

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