Onwards, DeFi and Dapps developers will not need to worry about XRPL and Ethereum compatibility.
David Schwartz, Ripple’s CTO, has significantly shaped the future of XRPL and Ethererum’s compatibility.
The XRP Ledger (XRPL) ecosystem is readying to welcome Ethererum Dapps through an Ethereum Virtual Machine (EVM) sidechain. Ripple has worked closely with Peersyst, a blockchain-developing company, to build the EVM infrastructure accordingly. Notably, Peersyst announced that it had released the first phase of the EVM sidechain for the XRPL, which is now live on XRPL Devnet.
“This milestone means more developers can easily access the XRPL’s feature set (such as its speed, sustainability, and low-cost transactions) and bring Solidity-based smart contracts to the XRPL. As part of the phase 1 launch, we’re also introducing a bridge between an EVM-compatible chain and the XRP Ledger Devnet,” the announcement noted.
Onwards, DeFi and Dapps developers will not need to worry about XRPL or...
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