All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility
- The XRP Ledger has officially launched its new EVM-compatible sidechain on the mainnet
- The sidechain allows developers to build and deploy Ethereum-style smart contracts on XRPL
- It connects to the broader multichain ecosystem via the Axelar bridge, using XRP as gas
The XRP Ledger (XRPL) has officially launched its highly anticipated EVM-compatible sidechain on the mainnet, a major development that brings Ethereum-style smart contracts to XRPL’s fast and scalable infrastructure. Thi.s move opens the door for XRP to become a serious new contender in the multichain world of decentralized finance.
How Does the New EVM Sidechain Work?
For years, the XRP Ledger has been known as a reliable platform for payments. The launch of the XRPL EVM Sidechain now expands its capabilities into the broader world of smart contracts. The sidechain is fully compatible with the Ethereum Virtual Machine, which means developers can now build new applications or bring existing ones from Ethereum directly into the XRP ecosystem using the popular Solidity programming language.
The new sidechain connects to the main XRPL through the Axelar bridge, and it uses XRP as the native t…
The post All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility appeared first on Coin Edition.
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All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility
- The XRP Ledger has officially launched its new EVM-compatible sidechain on the mainnet
- The sidechain allows developers to build and deploy Ethereum-style smart contracts on XRPL
- It connects to the broader multichain ecosystem via the Axelar bridge, using XRP as gas
The XRP Ledger (XRPL) has officially launched its highly anticipated EVM-compatible sidechain on the mainnet, a major development that brings Ethereum-style smart contracts to XRPL’s fast and scalable infrastructure. Thi.s move opens the door for XRP to become a serious new contender in the multichain world of decentralized finance.
How Does the New EVM Sidechain Work?
For years, the XRP Ledger has been known as a reliable platform for payments. The launch of the XRPL EVM Sidechain now expands its capabilities into the broader world of smart contracts. The sidechain is fully compatible with the Ethereum Virtual Machine, which means developers can now build new applications or bring existing ones from Ethereum directly into the XRP ecosystem using the popular Solidity programming language.
The new sidechain connects to the main XRPL through the Axelar bridge, and it uses XRP as the native t…
The post All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility appeared first on Coin Edition.
Read More