Breaking News: XRP Ethereum Sidechain Prepares for Imminent Launch
Peersyst Technology recently took to Twitter to share the exciting progress made on the highly anticipated XRP Ledger (XRPL) EVM sidechain. The update covers various significant developments, including the introduction of the XChainBridge public amendment and advancements in the XRPL EVM sidechain.
The XRPL community has achieved a major milestone with the publication of the XChainBridge public amendment by Ripple Developers. Currently awaiting approval from validators, this amendment is crucial for the successful launch of the XRPL EVM sidechain.
Considerable progress has been made on the XRPL EVM sidechain, with audits conducted by Bishopfox and another reputable supplier, whose name remains undisclosed. Validators will soon vote on an upgrade that includes Cosmos v.0.47 and Ethereum’s EIP3855, showcasing the ongoing dedication to innovation within the XRPL ecosystem.
Exciting enhancements are on the horizon for the XChain Bridge. A new version will enable automatic and dynamic bridging of existing tokens between the EVM sidechain and the XRPL Mainnet. This functionality will create new opportunities for the XRPL community, enabling seamless transactions and utilization of XRPL Mainnet features.
To improve usability and support dynamic bridging between sidechains, wallets, and tokens, a user-friendly interface has been implemented. Additionally, a bridge software development kit (SDK) has been introduced for developers, streamlining the application development process that leverages the bridge for dual-network benefits.
An upgraded version of the Blockscout Explorer is currently in development, promising an enhanced user experience (UX/UI) and additional functionalities for smart contract verification and execution. The explorer will provide a dynamic view of decentralized applications (dApps), ensuring a more interactive and engaging experience on the XRPL EVM sidechain.
Peersyst encourages community engagement and invites suggestions for projects or dApps to be deployed on the XRPL EVM sidechain. Regular updates on the XRPL EVM sidechain are available through their Twitter handle and Discord server.
In conclusion, Peersyst Technology, in collaboration with Ripple Developers, continues to deliver advanced updates to the XRPL ecosystem, showcasing their commitment to innovation.