Cryptoknowmics
2022-10-18 10:43:02

XRP Ledger Develops First Sidechain for Ethereum Applications

According to RippleX, the blockchain’s major development department, the XRP Ledger, is evaluating its Ethereum Virtual Machine (EVM) sidechain, which intends to introduce Ethereum smart contracts to the XRP Ledger. XRP Ledger network, connected to cross-border payments company Ripple, will now support Ethereum-based smart contracts. Sidechain in Initial Stages According to RippleX, the sidechain is currently in the initial stages of development and is not ready for public experimentation. It was built by a company named Peersyst. This indicates that it is currently only accessible through XRP Ledger’s Devnet, a limited experimental system used for XRP Ledger testing. The second The post XRP Ledger Develops First Sidechain for Ethereum Applications appeared first on Cryptoknowmics-Crypto News and Media Platform.

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