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In a new tweet, RippleX, which supports XRPL ecosystem's development and growth, explains the details of the incoming EVM sidechain on XRP Ledger.
According to it, the Ethereum Virtual Machine (EVM) compatible XRPL sidechain is available on testnet. Users can set up an account and submit a transaction using the EVM sidechain bridge.
🧵 #DYK XRPL Thread: EVM Sidechain
— RippleX (@RippleXDev) March 13, 2023
The Ethereum Virtual Machine (EVM) compatible XRPL sidechain is available on testnet, and brings all kinds of #web3 applications to the #blockchain community.
Check out the intro. #BuiltOnXRPL (1/6)https://t.co/dUfpEoqjWn
In October, software company Peersyst announced the release of the first phase of the EVM sidechain for XRPL, which launched on XRPL Devnet.
Phase two of the project features a permissionless EVM sidechain and bridge that connects to XRPL Devnet to test scalability in a controlled environment.
At the end of the three-phased development, a permissionless EVM sidechain and bridge will be available on the XRPL mainnet.
Ripple CTO David Schwartz believes bringing Ethereum smart contracts to XRP Ledger (XRPL) will lower the barriers to entry for developers wanting to build apps with cross-chain interoperability.
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