Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet
- Peersyst CEO Ferran Prat reveals that the XRPL EVM validators will receive their rewards in XRP.
- He contrasted the XRPL EVM sidechain with the XRPL mainnet, in which XRP fees are burned.
- The team is currently unbothered about a new name for the sidechain, though it may happen in the future.
The XRP community has been abuzz with the recent developments in the XRPL ecosystem, including the EVM sidechain integration. In a recent revelation, Peersyst CEO Ferran Prat Tio revealed that the XRPL EVM Validators would be paid in Ripple’s native token, XRP.
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Read Carefully: The New @Ripple XRPL EVM Sidechain VALIDATORS will be paid in #XRP.
Different than the XRPL mainnet, where #XRP transaction fees are burned, the validators collect these fees on the new Peersyst-built chain.
The best incentive IS…. an incentive
Sneak Peek:… pic.twitter.com/NL0qdMMqGYCrypto Eri
Carpe Diem (@sentosumosaba) February 8, 2024
Recently, XRP Ledger (XRPL), in collaboration with the blockchain firm Peersyst, announced the integration of the Ethereum Virtual Machine (EVM) sidechain, embracing the enhanced phase of blockchain technology. Addressing the community’s queries regarding t…
The post Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet appeared first on Coin Edition.
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Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet
- Peersyst CEO Ferran Prat reveals that the XRPL EVM validators will receive their rewards in XRP.
- He contrasted the XRPL EVM sidechain with the XRPL mainnet, in which XRP fees are burned.
- The team is currently unbothered about a new name for the sidechain, though it may happen in the future.
The XRP community has been abuzz with the recent developments in the XRPL ecosystem, including the EVM sidechain integration. In a recent revelation, Peersyst CEO Ferran Prat Tio revealed that the XRPL EVM Validators would be paid in Ripple’s native token, XRP.
—
Different than the XRPL mainnet, where #XRP transaction fees are burned, the validators collect these fees on the new Peersyst-built chain.
The best incentive IS…. an incentive
Sneak Peek:… pic.twitter.com/NL0qdMMqGY
Recently, XRP Ledger (XRPL), in collaboration with the blockchain firm Peersyst, announced the integration of the Ethereum Virtual Machine (EVM) sidechain, embracing the enhanced phase of blockchain technology. Addressing the community’s queries regarding t…
The post Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet appeared first on Coin Edition.
Read More