EVM-Sidechain des XRP-Ledgers ist live mit ETH-kompatiblen Smart Contracts
- Ripplex has expanded the range of XRPL by introducing the EVM Sidechain in the Mainnet and uses XRP as a gas for Ethereum-based dapps.
- The sidechain creates over 1000 TPs, is connected via Axelar, supports solidity tools and establishes the connection to the XRPL system with six million wallets.
RippleX hat nun die XRPL EVM SIDECHAIN ins Mainnet introduced And thus expanded the XRP Ledger with Ethereum-Compatible Smart Contracts. This step enables developers to carry out Ethereum-based decentralized applications (DAPPS) that use XRP as gas and at the same time direct access to the Xrpl have.
The project became In collaboration with Peersyst and members of the XRPL community developed.
The Sidechain connects to the main XRP Ledger via Axelar, a bridging protocol that is already used in more than 80 blockchains. XRP, which serves as a native gas token, is now driven by decentralized applications on the EVM-compatible side. This enables developers to use familiar tools such as Solidity, Metask and Hardhat and at the same time benefit from low fees, fast confirmations and block speeds that are faster than Ethereum average of 14 seconds. Ripple-CTO David Schwartz described the technical approach:
“The XRPL EVM-SIDECHAIN introduces a flexible environment for developers to implement EVM-based applications and at the same time maintain a connection to the efficiency of the XRPL. It expands the possibilities of the ecosystem without changing the basics that make the XRPL reliable.”
Ferran Prat, CEO and founder of Peersyst emphasized the further effects on XRP:
“With the start of XRPL EVM, we are initiating a new era for XRP-an era in which XRP can flow seamlessly through the multicia world. This is not the finish line; it is day 1 of a much larger trip towards interoperability, programming and usefulness on a large scale.”
The facility offers cross-chain support for DAPPs together with independent EVM installations, so that developers can work in a flexible and networked environment. The relevant transmission protocols from the XRPL-SITECHAIN to EVM-Sidechain are handled by Squid, which serves as a cross-chain frontend solution for seamless interaction.
The validers who support the project consist of more than 25 organizations in different regions of the world, which contribute to the security of the side cake and at the same time maintain a throughput of over 1000 transactions per second. Georgios Vlachos from the Axelar Foundation said:
“Crypto comes into an exciting phase because institutions and companies pursue convincing new applications. The XRP Ledger EVM Sidechain is able to satisfy this increasing demand, and Axelar is the safe, institutional connector that will make this possible.”
Projects such as Strobe (Defi Lending), Securd (Collateral Financing) and Vertex (derivatives) are already building up on the XRPL EVM and targeting high -volume, inexpensive and interoperable dapps. Tools such as Blockscout, Goldsky, Grove and Pocket Network are already available and offer block exploration, indexing and RPC access, so that developers can start quickly and without additional wallet facility.
XRPL-EVM unlocks smart contracts for six million wallets
Although the sidechain is technically separated, it offers access to the developed functions of the XRPL core, including an ecosystem with 6 million wallets, XRP liquidity and compliance functions that are suitable for regulated digital assets.
WormholeA protocol that connects over 35 blockchain networks will also support XRPL EVM, which enables more options for the transfer of assets and compatibility.
The Sidechain is part of a broader expansion of the use of the XRP Ledger. In the past ten years, XRPL has expanded support for the exchange and transfer of assets and at the same time supported compliance with regulations. With the publication of the EVM-SIDECHAIN, the benefit of XRP has now been extended to Smart Contract functions without changing the operational architecture of XRPL.
The public end point for the XRPL EVM Sidechain is already live and enables developers immediate access. XRPL now offers a solid combination of speed, conformity and infrastructure to support both its traditional model and Ethereum-compatible applications without compromise.
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