RippleX Unveils Key Updates on XRP Ledger EVM Sidechain
RippleX Advances the EVM Sidechain for XRP Ledger
RippleX has announced significant progress on the XRP Ledger EVM sidechain, developed in collaboration with Peersyst. As 2024 approaches, the launch of this much-anticipated sidechain draws nearer, following vital updates and advancements.
XChainBridge Amendment and Validator Voting
The RippleX team has released the XChainBridge public amendment, a critical step towards launching the EVM sidechain. Currently, the amendment is open for voting, with validators needing 28 votes; 7 have been cast so far.
Progress and Audits
Peersyst has confirmed substantial advancements in the sidechain's development. Following an initial audit with Bishop Fox, a second audit is underway, with detailed findings to be shared soon. These audits ensure the robustness and security of the sidechain.
Blockchain and Bridge Updates
Recent updates include deploying the latest blockchain upgrades via Cosmos SDK, incorporating Cosmos version 0.47 and Ethereum's EIP3855. A new bridge version is also being developed, enabling automatic and dynamic bridging of tokens between the EVM sidechain and the XRP Ledger. This enhancement will facilitate seamless transactions and expand the functionality of the XRP Ledger Mainnet.
Improved User Interface and Developer Tools
A revamped user interface aims to enhance usability, offering dynamic bridging capabilities between various sidechains, wallets, and tokens. Additionally, a bridge SDK has been implemented to assist developers in building applications that connect both networks effectively.
Enhanced Blockscout Explorer
Updates to the Blockscout Explorer include a better UX/UI, new functionalities for smart contract verification and execution, and a dynamic display of dApps, further enriching the developer and user experience.
Upcoming Features in Rippled 2.0
The release of rippled 2.0 introduces major enhancements like the XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity. These features will enable seamless movement of XRP and tokens across XRPL Mainnet and sidechains, as well as the new EVM sidechain, bolstering interoperability across networks.
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