The XRP Ledger tests first sidechain compatible with Ethereum apps

Quick Take

  • The XRP Ledger is testing its first EVM-compatible sidechain.
  • The sidechain is expected to go live next year.
 

The XRP Ledger is testing its Ethereum Virtual Machine (EVM) sidechain that aims to bring Ethereum smart contracts to the XRP Ledger,  the blockchain’s core development team RippleX announced

The sidechain, a parallel-running blockchain, will bring Ethereum-based smart contracts to XRP Ledger, a blockchain associated with cross-border payments firm Ripple.

The sidechain has been developed by a firm called Peersyst and is still in this first phase of development and unavailable for public testing, according to RippleX. This means for now, it is only available on XRP Ledger's Devnet, a restricted experimental network used for testing on XRP Ledger. The second phase will begin in early 2023, and will feature a permissionless EVM sidechain that's open to the public. 

While the XRP Ledger already supports native smart contracts, the network does not currently support the Ethereum Virtual Machine (EVM), a computing environment commonly used by Ethereum developers to write applications.

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Once it’s deployed on mainnet in the second quarter of 2023, the sidechain will allow developers to write apps in Solidity, the main programming language on Ethereum and make it interoperable with the XRP Ledger via a bridge, said RippleX.

It will also let developers use the XRP Ledger's native asset called XRP within the sidechain environment.

“The release means developers no longer have to choose between XRPL or EMV-compatible blockchains; they can have the best of both worlds,” RippleX stated.


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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About Author

Vishal Chawla is The Block’s crypto ecosystems editor and has spent over six years covering tech protocols, cybersecurity, artificial intelligence and cloud computing. Vishal likes to delve deep into blockchain intricacies to ensure readers are well-informed about the continuously evolving crypto landscape. He is also a staunch advocate for rigorous security practices in the space. Before joining The Block, Vishal held positions at IDG ComputerWorld, CIO, and Crypto Briefing. He can be reached on Twitter at @vishal4c and via email at [email protected]