RippleX Advances Toward EVM Sidechain Launch for XRP Ledger
XRP Ledger EVM Sidechain Progress
RippleX has shared a significant update on the XRP Ledger EVM sidechain, developed with Peersyst’s collaboration. The anticipation for the launch in 2024 is growing as critical milestones are achieved.
XChainBridge Public Amendment
The RippleX team has introduced the XChainBridge public amendment, now open for validator voting. This essential step marks progress toward the EVM sidechain launch, with 7 out of the required 28 votes already cast.
Advanced Development and Security Audits
Peersyst reports that the sidechain is advancing rapidly. Following an audit by Bishop Fox, a second audit is underway, with details forthcoming. The latest upgrades, including a blockchain update to the Cosmos SDK, are being deployed. Validators will soon vote on incorporating Cosmos version 0.47 and Ethereum's EIP3855.
New Bridge and User Interface Enhancements
A new version of the bridge will enable dynamic bridging of any token from the EVM sidechain to the XRP Ledger. This bridge will serve as a gateway to other EVMs, enhancing transaction capabilities. Improved UI features will facilitate dynamic bridging across sidechains, wallets, and tokens. A bridge SDK is also available for developers to create cross-network applications.
Blockscout Explorer Upgrades
The Blockscout Explorer is being enhanced to provide a better user experience and additional functionalities for smart contract verification and execution. The updated explorer will also offer a dynamic display of decentralized applications (dApps).
Rippled 2.0 and Cross-Chain Features
Recently, XRP Ledger developers released rippled 2.0, featuring XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity. The Cross-Chain Bridge will enable seamless movement of XRP and tokens between the XRPL Mainnet, XRPL sidechains, and the forthcoming EVM sidechain.
These strategic developments highlight RippleX's continued commitment to advancing the XRP Ledger’s capabilities and integration with the broader blockchain ecosystem.
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